Author: Rounak Gairarey
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Indian Sponge Iron Export Offers Surge on Domestic Gains
As per SteelMint’s weekly assessment, Sponge iron export offers have increased by about USD 10/MT following the rise in domestic prices. The local sponge iron prices in Indian market increased close to INR 500-1,000/MT (USD 7-14) in a week’s duration. The latest export offers for FeM 78-80 Sponge iron lumps from eastern India stood at…