Tag: India iron ore export index
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SteelMint: India iron ore export index corrects marginally as trade remains muted
SteelMint’s weekly index for low-grade iron ore fines (Fe 57%) exports decreased by $1/t to $34/t FOB east coast India. India’s iron ore export market continues to remain inactive. Rationale: Price indicators: No confirmed deal was reported in the current publishing window and hence given 0% weightage under T1 trade. SteelMint received five (5) indicative…