Tag: India low-grade export index
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SteelMint: India’s iron ore fines export index slips further on limited buying interest
India’s iron ore export sentiments continued to remain bearish this week after the decline in the Chinese futures market and expected sintering cuts in Jul’21. SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index decreased sharply by $6/t w-o-w to stand at $82/t, FoB east coast India. In the last two weeks, low-grade…