Tag: India low-grade iron ore index

Indian low-grade fines export index range-bound, market sentiments bearish

Oct 15, 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 w-o-w post-holidays in China. SteelMint’s index stands at $78/t FoB east coast India. However, with the consecutive decline in iron ore futures and spot prices, market sentiments have turned bearish. Market participants reported an export deal to have concluded for Fe 57%…