Tag: India iron ore export index

India: BigMint’s iron ore fines export index falls $4/t w-o-w

Jul 11, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Sharp drop in iron ore spot, futures prices w-o-w Inventory at Chinese ports hit 150-mnt mark Low steel demand in China affects seaborne prices BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index decreased by $4/t w-o-w at $59/tonne (t) FOB east coast on 11 July 2024. An exporter concluded a deal for…