Author: Rounak Gairarey

There were no fresh deals in sponge iron exports since more than a week’s time due to disparity between bids & offers, stated market sources. There is gap of USD 5-10/MT between bids & offers. As per conversation, the fresh quotation for Indian Sponge C-DRI exports (79-80 FeM, 100% lumps) hovering at USD 275/MT CPT…