Tag: Indian low grade iron ore

Chinese Mills Raise Bids for Indian Low Grade Iron Ore Fines

May 28, 2019

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by

Indranath Jha

in Fines/Lumps

SteelMint in conversation with trade sources that bids for low-grade iron ore fines export from India has increased by USD 2-3/MT against last week. SteelMint’s assessment for low grade (Fe 57/58%) iron ore fines prices at USD 62-63/MT, FoB India equivalent to USD 72-73/MT, CFR China. As per the sources, no deal at this rate…