Tag: Iron ore export offers

India: BigMint’s iron ore export index falls by $5 w-o-w ahead of Lunar holidays

Feb 1, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Drop in global fines, future prices Sellers in wait-and-watch mode Few sellers loading cargo for February delivery BigMint’s weekly Indian low-grade iron ore fines (Fe 57%) export index decreased by $5/tonne (t) w-o-w to $86/t FOB east coast on 1 February 2024. A deal of 55,000 t Fe 57% fines was heard at $88/t FOB…