Thursday, March 17,
Some sign of relief were seen for Indian exporters as spot iron prices gained by $2-3/MT yesterday. Prices remained stable today..*
Few deals for Fe 63.5/63 were heard being concluded at $173/MT which touched $169/MT few days back.
Rumors for a roll back in export duty to 9%, which is currently at 20% brought some cheer for exporters and miners though no such official announcement has been made.
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