Tag: India iron ore export index
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India low-grade iron ore fines export index rises even as trades remain lacklustre
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $61/t FOB east coast, up $6/t w-o-w. The index has moved up tracking the hike in futures today after China returned from a weeklong holiday. However, physical trades are yet to regain momentum, sources highlighted. Price indicators: No deal was reported…