Author: Sakshi Singh
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India: Sponge iron export offers to Nepal, Bangladesh fall $4-5/t w-o-w
India’s sponge iron export offers to Nepal and Bangladesh dropped by $4/t w-o-w to $335/t CPT Raxaul and $5/t to $340/t CPT Benapole, respectively, as per BigMint’s assessment. Despite a downward correction driven by weak buying interest, the market failed to see an uptick in demand. Trading activity was notably subdued, with confirmed sales to…