Tag: India iron ore export index
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SteelMint: India low-grade iron ore fines export index falls in absence of trade
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $46/tonne (t) FOB east coast, down $5/t w-o-w. Global iron ore price drop, weaker iron ore and steel futures and preference for lumps in China have weighed down bids for Indian ore in China. Price indicators: No deal was reported so…