Tag: SyeelMint low-grade iron ore fines export index
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Indian low-grade fines export index range-bound in recent trades
SteelMint’s weekly low-grade Indian iron ore fines (Fe 57%) export index stood at $89/t FOB east coast India, marginally down by $1 . With tightening environmental curbs in China, preference of high-grade ore and pellets continues to remain robust, suuported by higher steel margins. However, demand for low-grade ore continues to remain weak. In addition…