Tag: India iron ore export index
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India: Iron ore fines export prices climb up by $2/t w-o-w amid tight domestic supply, active Chinese demand
Monsoon-driven material shortages slow down trade Suppliers ask for 16-17% discount, buyers quote 18-19% India’s iron ore fines export prices firmed up this week, supported by an uptick in global market sentiment and stronger Chinese demand. Market participants highlighted that international iron ore prices saw a boost, as Chinese mills stepped up procurement, offering a…