Tag: India low-grade iron ore index

Indian low-grade fines export index up by $6/t w-o-w following global price rebound

Oct 1, 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 increased by around $6/t w-o-w. Prices moved up in the recent deals concluded this week by traders ahead Chinese holidays. SteelMint’s index stands at $78/t FoB east coast India against the last index of $72/t FoB east coast. Rationale: The index has been calculated…