Tag: India iron ore export index
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India’s low-grade iron ore export market inactive in absence of trade
India’s low-grade iron ore export market remained silent for another week post-the steep export duty. On the other hand, domestic Fe 57% fines prices were heard at INR 1,400/t ex-mines in Odisha. Vedanta’s subsidiary, Electrosteel Steels Ltd, recently scheduled an auction for iron ore fines on 5 Aug’22 from Odisha. According to market sources, 50,000…