Tag: Low grade index

SteelMint: India’s low-grade iron ore export index down $8/t, w-o-w

Oct 28, 2021

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by

Monika Bajaj

in Fines/Lumps

SteelMint’s weekly export index for low-grade Indian iron ore fines (Fe 57%) decreased by $8/t, w-o-w, to $30/t FOB east coast India. Rising winter production curbs in China and declining demand have pulled down prices. The spot price of benchmark iron ore Fe 62% fines decreased by $4.35/t, w-o-w, on 28 Oct’21 to $113.15/t CFR…