Tag: India low-grade fines export

Indian low-grade fines export index falls marginally as Chinese demand continues to remain low

Apr 15, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index fell marginally by $1 to $88/t FOB east coast India. Discounts for low-grade ore have widened to 30-35%. Under the production curbs and low emission, demand for high grade raw material from Chinese steel mills remained robust as per the guidelines given by local…