India: Sponge iron export offers show mixed trends w-o-w amid limited buying

India’s sponge iron export market witnessed mixed trends w-o-w, with offers to Nepal increasing by $5/t to $325/t CPT Raxaul, as per BigMint’s assessment. In contrast, offers to Bangladesh declined by $3/t to $332/t CPT Benapole. Meanwhile, demand from both Nepal and Bangladesh remained limited w-o-w, with total bookings of around 5,200 t concluded at varying prices.


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