India: Sponge iron export demand weakens amid no fresh deals w-o-w

  • The demand for sponge iron exports decreased as a result of a recent absence of significant orders from Bangladesh and Nepal.
  • Due to lack of any significant export deals and fluctuating domestic prices in India, SteelMint’s weekly export price assessment for Nepal remained constant at $410/t LTW from eastern India, equivalent to $430/t CPT Nepal.

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