Author: Rounak Gairarey
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Indian Sponge Iron Export Offers Drop Over Weak Demand & Falling Scrap Prices
Indian sponge iron export prices have come under pressure amid fall in domestic offers as well as global scrap prices. Indian sponge iron export offers to Bangladesh plunged by USD 10/MT, as per weekly assessment made by SteelMint. The current offers of Indian sponge iron (80 FeM, 100% lumps) are hovering at USD 300/MT, which…