Tag: India low-grade ore export
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Indian low-grade fines export index drops by $11/t as bids from China subside
SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index has decreased sharply by $11/t w-o-w to $88/t FoB east coast India. Stringent environmental protection measures in Tangshan, China and drop in futures pulled down prices early this week. Eastern India based miners/exporters had concluded decent number of deals last week at higher prices.…