Tag: Iron Ore Imports To India
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Indian Iron Ore Importers Resist Fresh Bookings
Indian iron ore importers are hesitant to book fresh shipments over depreciating Indian currency and reduced iron ore prices in domestic market. Offers for Kumba lump from South Africa have fallen to USD 68-70/MT, CIF India for shipments to arrive in mid of Sept’15. Last week, the offers were assessed in the range of USD…