Tag: India iron ore fines export index
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India: BigMint’s iron ore fines export index falls nearly $3/t w-o-w on muted trading activity
Festive holidays keep players away from market Discounts widen w-o-w to 20-21% from 18-20% Indian iron ore fines export offers continued to face downward pressure, as buyers avoided procuring lower-grade material at higher prices for a cost-saving approach. The market saw muted trading activity due to a growing bid-offer disparity, with the discount for lower-grade…