Tag: India iron ore export index
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SteelMint: India low-grade iron ore fines export index falls to over one-month low, deals remain absent
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $51/t FOB east coast, down $10/t w-o-w. Drop in global iron ore fines prices, weaker iron and steel futures have weighed down bids for Indian ore in China. Price indicators: No deal was reported so far this week, hence, not taken…