Tag: India low-grade iron ore fines index

SteelMint’s weekly low-grade iron ore fines (Fe 58/57%) FoB India index remained largely stable this week. Index stands at $77/t FoB against last index of $78/t FoB east coast India. However, with limited deals being reported and increasing Chinese port stock inventories, market sentiments continued to remain bearish. Rationale: The index has been calculated using…