Tag: India low-grade fines index
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SteelMint: India’s low-grade iron ore export market cools off after futures fall
Indian iron ore export market turned subdued today after benchmark iron ore futures fell sharply. However, earlier this week few deals were heard to have concluded at increased offers. SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index has moved up by $12/t to $102/t FoB east coast India. Demand for low grade…