Tag: Low grade export index
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SteelMint: India iron ore export index falls marginally as trades remain muted
SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) stands at $29/t FOB east coast India, lower by $3 w-o-w. During the Winter Olympics in Feb’22, curbs will possibly be implemented on both blast furnaces and iron ore sintering in China, which is expected to keep production on the lower side. This…