Tag: Indian Iron Ore Export
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India: BigMint’s iron ore fines export index drops $2/t on declining futures prices
Iron ore fines, futures prices drop w-o-w Discount to offers at around 23-25% Bids from Chinese buyers drop for low-grade ore BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index fell by $2/t w-o-w to $66.5/tonne (t) FOB east coast on 30 May 2024. The Indian seaborne market continued to face pressure; only…