Tag: indian iron ore export offers

India: BigMint’s iron ore fines export index falls by $3.5/t w-o-w amid sluggish demand

Mar 21, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Overseas buyers demand over 20% discount Chinese domestic portside prices under pressure Steel demand yet to improve in China BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index fell by $3.5/t w-o-w to $58.5/t FOB east coast on 21 March 2024. No deals were heard for Fe 57% fines as buyers demanded around…