Tag: India iron ore export index
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SteelMint: India iron ore export index drops $18/t as Chinese futures plunge
SteelMint’s weekly index for India’s low-grade iron ore fines (Fe 57%) exports stood at $42/t FOB east coast, lower by $18/t w-o-w. The market has turned silent with no deals being heard, after futures prices in China dropped sharply. Price indicators: No confirmed deal was reported in the current publishing window and hence given 0%…