Tag: India low-grade iron ore fines index
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Indian low-grade iron ore index increases by $2/t, trades inactive
SteelMint’s weekly low-grade iron ore fines (Fe 58/57%) FoB India index increased by $2/t this week. Index stands at $81/t FoB east coast India. Amid increase in spot iron ore fines price in China and successive hike in iron ore offers from Odisha, export prices have moved up. However Indian iron ore miners/exporters are less…