Author: Rounak Gairarey
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Indian Sponge Iron Export Offers to Bangladesh Fall as Domestic Market Weakens
Export offers for Sponge Iron to Bangladesh fell by about USD 5-10/MT on weekly premises, primarily owing to decline in domestic prices in India. SteelMint’s current week price assessment for lumps grade FeM 78-80 sponge iron stood at around USD 335-340/MT CPT Benpole (dry land port of Bangladesh & India) and about USD 355-360/MT CFR…