Author: Nidhi Awasthi
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India: BigMint’s iron ore fines export index inches down in absence of deals
Trade activity remains muted Bid-offer disparity in market BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index fell w-o-w by $65/tonne (t) FOB east coast on 16 May 2024. The Indian sea market remained muted this week following no active deal was recorded this week so far. Indian market participants were reluctant to…