Tag: India iron ore low grade prices
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India: Low-grade iron ore fines export index fluctuate as vessel freights soften
Chinese market closed due to festival Discount hovers at a similar range w-o-w India’s iron ore export prices on an FOB basis witnessed improvemnet around $1-2/t this week, primarily supported by the decline in vessel freight rates in the seaborne market. Lower freight costs improved export realisations for suppliers, offering some relief amid otherwise subdued…