Author: Monika Bajaj
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India: Iron ore export index falls as global prices drop by over $20/t, d-o-d
Indian iron ore export prices continue to decline on falling global prices, futures and steel production cuts in China. SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) decreased by $12/t w-o-w to $45/t* FoB east coast India. Activity in the Indian iron ore export market remained lacklustre as most sources are…