Author: Ratiram Gurjar
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India: Low-grade iron ore fines export index declines $5/t w-o-w amid falling global prices
Discount widens to 24-25% for Fe 57% fines Bid-offer disparities prevent deal closures Indian iron ore export prices declined sharply by $5/t w-o-w on 21 May 2026 amid widening discounts for low-grade fines and weakening global iron ore sentiments. Rationale Zero deals for Fe 57% were recorded during this publishing window. Therefore, T1 trade was…