Tag: indian iron ore index
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SteelMint: India iron ore export index rises marginally; trades yet to pick up
SteelMint’s weekly index for India low-grade iron ore fines (Fe 57%) exports inched up $1/t to $35/t FOB east coast India. India’s iron ore export market continues to remain inactive on bid-offer disparities. A few offers for Fe 57% fines were heard at around $65-70/t CFR China, while workable price levels are around $52-55/t CFR,…