Tag: India iron ore export prices
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India: Iron ore fines export index drops $3/t w-o-w due to weaker seaborne demand
Liquidity weakens, and muted demand from China Discount for Fe 57% fines widened to 18-20% India’s iron ore export market witnessed a notable price correction in the week ended 11 December, with offers slipping by $ 3-4/t amid weak buying interest from Chinese mills and subdued liquidity in the seaborne market. Market participants indicated that…