Author: Rounak Gairarey
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Indian Sponge Iron Export Demand Remains Weak, Offers Inch Down
Indian sponge iron export offers to Bangladesh moved down by around USD 5/MT this week on account of limited inquiries & strong rupee against US dollar. Indian rupee is currently trading at Rs 68.8 than the last week (12th Jul) at Rs 68.5 against US dollar. In line with this, domestic sponge offers in eastern…