Tag: India low-grade iron ore export index
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SteelMint: India’s iron ore fines export index down $8/t on weak Chinese demand
India’s iron ore export sentiments have turned bearish this week after the decline in global iron ore prices on 16 Jun’21 and expectations of further sintering cuts being imposed in China. SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index decreased by $8.5/t w-o-w to stand at $88/t, FoB east coast India. Buying…