Tag: India iron ore fines export index

India: BigMint’s iron ore fines export index falls sharply by $12/t w-o-w

Mar 14, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Weak downstream demand in China Iron ore spot, futures drop sharply Hebei mills announce production cuts BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index fell by $12/t w-o-w to $62/t FOB east coast on 14 March 2024. A deal of iron ore fines (Fe 57%) was heard concluded at a 19-20% discount…