Tag: India iron ore fines export index
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India: BigMint’s iron ore fines export index drops $2/t w-o-w; market remains quiet
Market participants stay on the sidelines Chinese port inventory continues to drop Iron ore fines prices in the seaborne market remained under pressure this week due to muted trading activity. Market participants were largely sidelined as there was minimal buying interest from Chinese steel mills which affected overall demand. The disparity between bid and offer…