Tag: India low-grade iron ore exports

Indian low-grade fines export index falls marginally on rising Chinese port stocks

Oct 29, 2020

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly low-grade iron ore fines (Fe 58/57%) FoB India index fell marginally by around $1/t this week. Index stands at $76/t FoB against last index of $77/t FoB east coast India. However, amid increasing Chinese port stocks, new bookings have slowed down in anticipation of price correction, SteelMint learned from traders. Price indicators –…