- Sponge iron (100% lump) export prices to Bangladesh fell $10/t to $390/t CPT Benapole. About 11,000 t of deals were reported this week at a price range of $390-395/t on CPT basis.
- Prices dropped further owing to softening domestic offers, which fell INR 500-1,000/t ($6-13), w-o-w, in the eastern region.
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