Tag: India iron ore export index
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SteelMint: India iron ore export index rises marginally despite muted trades
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $49/t FOB east coast, up by $7/t w-o-w. The market has turned silent with no deals being heard, despite a slight price recovery. “Price indications for Fe 57% fines are at around $65-68/t CFR China; however, no deal has been heard.…