Author: Rounak Gairarey
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Indian Sponge Iron Export Offers Rally on Domestic Gain
Indian sponge iron export offers increase further by USD 5-10/MT Week-on-Week. However, on price rise the buying interest slowdown from the Bangladeshi mills, exporters stated. SteelMint’s current week price assessment for lumps grade FeM 78-80 sponge iron stood at around USD 395-400/MT CPT Benpole (dry land port of Bangladesh & India) and USD 415-420/MT CFR…