Indian sponge iron export offers up by $20/t w-o-w on domestic price gains

Indian sponge iron export offers have increased by $20/t, following an increase in domestic prices by INR 1,200-1,400/t ($16-19), w-o-w. The current export offers are learned at $330-335/t CPT Benapole (equivalent to $345-350/t CFR Chittagong, Bangladesh). Disparity between bids and offers have limited trades.