Tag: low grade export
-
India: Iron ore fines export index slides to 9-month low
Decreased buying from China amid steel production cuts in that country continue to drag down India’s iron ore export offers. SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) decreased by $4/t w-o-w to $76/t FoB east coast India. “Bookings for Indian cargoes of low-grade iron ore remained largely absent. High freight…