Author: Rounak Gairarey
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Indian Sponge Iron Export Offers to Bangladesh Drop to Over 2 Year Low
Continuous drop in global scrap prices has pulled down Indian sponge iron export offers near to 28 months low. The current export offers to Bangladesh of Indian origin Sponge iron (80 FeM, 100% lumps) is hovering at USD 275/MT CFR Chittagong. This price range is low since price assessment made by SteelMint from May’17. Imported…