Tag: India low-grade export index
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India: Low-grade iron ore fines export index drops $1/t w-o-w amid soft Chinese demand, widening bid-offer gap
Global fines prices drop by $4/t w-o-w on ample supply Chinese mills prefer pellets amid weak steel margins India’s low-grade iron ore fines export prices fell $1/t w-o-w during the latest assessment period, reflecting subdued buying interest from China and limited trading due to wide bid-offer disparities. The fall followed the downward movement in the…