Tag: India iron ore export index
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SteelMint: India iron ore fines export index range-bound in absence of active trade
India’s iron ore export prices remained supported this week. However, deals have remained subdued as Chinese mills are awaiting clarity on NDRC checks amid increase in Covid cases. SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $61/t FOB east coast, inching up by $1/t w-o-w. Price indicators: No deal…