Author: Rounak Gairarey
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Indian Sponge Iron Export Offers Decline on Falling Domestic Prices
As per SteelMint’s weekly assessment, sponge iron export offers to Bangladesh fall by about USD 10/MT. The prices moved down in line with declining Indian domestic prices on wake of improved supply. India’s local sponge prices have moved down by INR 700-1,200/MT (USD 7-17) in a week’s time. The latest export offers for Indian Sponge…