Tag: India low grade iron ore offers

Indian Low Grade Iron Ore Fines Price Inch Up Amid Rising Chinese Demand

Nov 23, 2019

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by

Monika Bajaj

in Fines/Lumps

SteelMint in conversation with market participants learned low-grade fines (Fe 57/58) export price picked up to around USD 55-57/MT as against last week’s assessment at around USD 54-57/MT. The market is supported amid rise in Chinese demand and falling iron ore inventory at major Chinese ports & restocking ahead winters. As per data compiled by…