Author: Sunil M Parkhe

A rise in global iron ore prices supported the Indian iron ore export volume in Jul’17. Indian iron ore exports have been up 133% M-o-M in Jul’17. India exported 0.59 MnT material in Jul’17 compared to 0.25 MnT in Jun’17. Similarly exports were up 6% Y-o-Y compared to Jul’16 which were at 0.55 MnT then. Monthly average spot iron ore fines (Fe 62%) prices for Jul’17 were USD 67/MT CNF China…