Tag: Imported Iron Ore Offers to India

Indian Iron Ore Importers Resist Booking Shipments over Rising Global Prices

Apr 14, 2016

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by

Nishtha Mukherjee

in Uncategorized

Global iron ore prices have increased by USD 5/MT W-o-W amid strengthening steel prices in China. Bullish sentiments in Chinese steel market supported iron ore buying over which global iron ore prices moved up. Index for Fe 62% fines stood near USD 60/MT, CFR China in yesterday’s (13 Apr’16) closing. Currently, offers for imported South…