Author: Rounak Gairarey
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Indian Sponge Iron Export Demand Slows Down on Falling Global Scrap Prices
Indian Sponge iron export demand has slowed down specifically from Bangladesh, which is the largest buyer of Indian exports with a contribution of more than 50%. The suppliers in Kolkata (eastern India) stated that, most of the major buyers in Bangladesh remained away from taking positions looking at significant drop in imported scrap offers. However…