Tag: India iron ore export index

SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $42/t FOB east coast, lower by $7/t w-o-w. The hike in freight rates has pulled down FOB prices from India. Vessel freight rates for supramax vessels have risen from $19/DMT seen last week to $26-27/DMT this week, according to market sources.…