Tag: Low grade index
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SteelMint: India’s low-grade iron ore export index keeps heading south
SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) decreased by $3/t, w-o-w, to $27/t FOB east coast India. The spot price of benchmark iron ore Fe 62% fines decreased by $23.2/t, w-o-w, on 3 Nov’21 to $96.45/t CFR China as against $119.65/t a week ago. DCE iron ore futures’ Jan’22 contract…