Tag: India low-grade iron ore index

Indian low grade iron ore fines export index up by $8 as freight rates cool down

Apr 1, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index has moved up sharply by $8/t to $90/t FOB east coast India. Iron ore fines price has seen sharp fluctuations in last one week on tightening environmental curbs in China, resulting in preference of high-grade ore and pellets. In such a scenario, most of…