Author: Lalita
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SteelMint | Morning Brief
Iron ore & pellets – SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index increased by $3 to $91/t FOB east coast India. Demand for low grade ore continues to remain weak in China with discounts for low-grade ore widening to 34 to 35%. Steel Authority of India Ltd (SAIL) conducted an auction…