Tag: India low grade export
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SteelMint: India low-grade iron ore export index continues to fall on thin trading
SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) decreased by $2/t, w-o-w, to $25/t FOB east coast India. Trading remained muted on lower export realisations. The Indian iron ore exports market continues to remain dull amidst declining Chinese demand. Demand from end-users is low due to ongoing steel production curbs and…