Tag: iron ore export index
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India: Low-grade iron ore export index falls marginally, no deals heard
SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) decreased by $1/t w-o-w to $44/t FoB east coast India. Iron ore export prices continue to decline amid persistently weak Chinese demand. “No buying is witnessed in the market for low-grade material amid poor liquidity in China due to high coke prices,” a…