Author: Adarsh Sahu
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India: Iron ore fines export index declines by $2/t w-o-w in absence of active trades
Sellers remain silent amid bid-offer disparity Global fines weakness and low domestic dispatch, keeps market lull India’s low-grade iron ore fines export prices declined by $1.5/t w-o-w during the latest assessment period, reflecting subdued buying interest from China and limited trading due to wide bid-offer disparities. The fall was accompanied by lower material inventories with…