Tag: India iron ore export index
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India: BigMint’s iron ore fines export index inches up, trades subdued
Buyers offer around 23-25% discount for fines Iron ore futures, spot prices remain supportive BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index inched up by $1/t w-o-w to $58/tonne (t) FOB east coast on 20 June 2024. No confirmed deal of Fe 57% fines from India this week was heard. Meanwhile, a…