Tag: India iron ore fines export index
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Indian low-grade fines export index rebounds by $10 w-o-w on global price hike
SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index increased sharply by around $10/t this week and is currently assessed at $95/t FoB east coast India. Index rose following hike in spot iron ore index this week on tighter supplies & hike in futures. SteelMint’s credible sources confirmed two export deals to have…