Tag: India low-grade iron ore exports

Indian fines export price hike slows down on global price correction

Sep 10, 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 inched up today by $2/t on weekly basis to $78/t FoB India. SteelMint’s last week index stood at $76/t FoB India. However, the rally in price hike has slowed down this week following a correction in global iron ore prices. Rationale: The index has…