Indian (Fe 57%) export prices fell $30/t to $60/t FOB east coast in May from $90/t in January 2024. Such a steep decline put off exporters, as it significantly reduced margins and made overseas shipments unfeasible.
Indian (Fe 57%) export prices fell $30/t to $60/t FOB east coast in May from $90/t in January 2024. Such a steep decline put off exporters, as it significantly reduced margins and made overseas shipments unfeasible.
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