Tag: Low-grade iron ore exports

SteelMint in conversation with market participants learned that bids for Indian low-grade fines from China have come down this week following the global price drop. Low-grade fines (Fe 57/58) assessment of SteelMint moved down to around USD 55-58/MT CFR China, as against the last assessment at USD 60-61/MT, CFR China. As per the market participants,…