Tag: Indian Mill Scale Prices
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India: Mill Scale Exports Move Down by 61% M-o-M in Apr’17
Falling spot iron ore prices in China reduced viability of mill scale exports from India. Indian mill scale exports which stood at 104,820 MT in Mar’17 dropped drastically to 40,700 MT in Apr’17. Monthly average spot iron ore fines (Fe 62%) prices have fallen to USD 70/MT, CFR China in Apr’17 which was USD 87/MT,…