Tag: Low-grade iron ore fines export
-
Indian low-grade fines export index falls by $6/t w-o-w amid global price correction
SteelMint’s weekly low-grade iron ore fines (Fe 58/57%) FoB India index fell by around $6/t amid sharp fall in global iron ore fines index. SteelMint’s current assessment stands at $72/t FoB east coast India. Three deals have been reported earlier this week, however, later fines export market turned silent. Rationale: The index has been calculated…