Tag: India iron ore fines export
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Indian low-grade fines export index remains stable on weak Chinese demand
SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index remained largely stable at $92/t FOB east coast India in the recent deals reported. Demand for low grade ore continues to remain weak in China with discounts for low-grade ore widening to 34-35%. Three deals have been recorded by SteelMint this week which have…