Tag: India iron ore export index
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SteelMint: India iron ore fines export index edges up tracking global prices
SteelMint’s index for India’s low-grade iron ore fines (Fe 57%) exports has improved following the export duty withdrawal by the Indian government. The index stood at $62/t FOB east coast on 8 December, 2022, increasing by $2/t w-o-w. With the execution of supportive policies for the Chinese property market, sentiments have improved, and iron ore…