Author: Rounak Gairarey

Indian sponge iron export bookings to Bangladesh have slowed down this week. No major export bookings of sponge iron were reported after recent hike in offers by USD 10/MT W-o-W. The export offers have gained momentum on account of surge in eastern India’s domestic sponge prices by INR 600-800/MT (USD 8-12) this week. The latest…