Tag: India iron ore export index

India: BigMint’s iron ore fines export index stable w-o-w, Chinese buyers stay away amid holidays

May 2, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Australian miner lowers discount for low-grade ore Indian sellers conclude two deals for China this week BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index remained stable w-o-w at $65.5/tonne (t) FOB east coast on 2 May 2024. However, most seaborne buyers are not available in the market as Chinese steelmakers are on…