Tag: India iron ore export index
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SteelMint: India iron ore export prices range-bound amidst no firm Chinese bids
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $47/t FOB east coast, rising marginally by $1/t w-o-w. The market has remained largely quiet amid subdued Chinese buying interest. Demand for low-grade ore continues to remain weak in China. Price indicators: No confirmed deal was reported in the current publishing…