Tag: indian iron ore export offers

Demand for Indian Iron Ore Weakens Further Amid Declining Global Prices

Apr 18, 2017

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by

Nishtha Mukherjee

in Uncategorized

Spot iron ore prices in China tumbled today by USD 3/MT D-o-D owing to decline in spot billet and steel prices. Fe 62% fines index was today assesed at USD 61.5/MT, CFR China against yesterday’s close of USD 64.6/MT, CFR China. Steel mills kept themselves away from buying iron ore cargoes. Weak sentiments continued to…