Tag: India iron ore export index
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SteelMint: India iron ore export market inactive on subdued Chinese buying
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $46/t FOB east coast, rising by $4/t w-o-w. The market has remained largely quiet amid subdued Chinese buying interest. The demand for low-grade ore continues to remain weak in China. “Price indications for Fe 57% fines are at around $70/t CFR…