Tag: India iron ore fines export index
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India: BigMint’s iron ore fines export index rises $2/t w-o-w, higher vessel freight keep margin tight
Vessel freight surge $4/dmt w-o-w amid geopolitical tensions Exporters report less margin despite price hike Indian iron ore export prices remained firm in the seaborne market this week, supported by a gradual uptrend in global iron ore prices and a few concluded export transactions. However, exporters continued to remain cautious as rising vessel freight and…