India’s sponge iron export offers for Nepal and Bangladesh fell marginally by $3/t w-o-w on modest buying interest even at lower offers. Approximately 8,000 t deals were concluded for Nepal and Bangladesh this week.
- Nepal: Export offers softened to $337-340/t CPT Raxaul, reflecting subdued demand and minimal trade activity.
- Bangladesh: Offers ranged between $335-340/t CPT Benapole, supported by moderate demand.
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