Tag: India low-grade iron ore fines index
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Indian low-grade fines export index falls sharply on global price plunge
SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index fell by around $6/t this week and is currently assessed at $94/t FoB east coast India. Few deals were concluded at the beginning of this week. However, with sharp plunge in today’s spot iron ore market, bids have fallen sharply resulting in trades coming…