Tag: India iron ore
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SteelMint’s India low-grade iron ore export index up $4/t on pre-holiday restocking in China
SteelMint’s weekly price index of India’s low-grade iron ore fines (Fe 57%) exports stood at $70/tonne (t) FOB east coast on 12 January, 2022, up $4/t w-o-w. As per sources, restocking by steel mills in China before the Lunar New Year holidays led to the rise in prices this week. India’s iron ore export shipments…