Tag: India’s Iron Ore Fines Export Price Trend (Apr’22-Apr’24)

India’s Fe 57% export index fell from $81/tonne (t) FoB east coast India in February to $63/t in March and further to $61/t in April. The steady decline in prices can be attributed to slack demand from China, where steel production and consumption have likely hit a peak. And, global pressures are mounting on the…