Tag: India low-grade iron ore fines index

Indian low-grade fines export index stable in absence of trades, sentiments turn bearish

Nov 5, 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 remained stable this week. Index stands at $76/t FoB east coast India. Amid decline in spot iron ore fines price, fall in futures and increasing Chinese port stocks, new export bookings have slowed down, traders have reported SteelMint. Price indicators – No low-grade export…