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Indian low grade iron ore fines export price up recently

SteelMint in conversation with market participants learned low-grade fines (Fe 57/58) export price up to around USD 54-57/MT, as against last week's assessment at USD 53-55/MT, CFR China.
One of the traders from Odisha heard to have concluded deals for two cargoes of 50,000 MT each yesterday at around USD 57-58/MT, CFR China. Earlier this week, Odisha based miner has also concluded a deal to export Low-grade iron ore at INR 53/MT CFR, China. Trade sources mentioned that lowering iron ore stock at Chinese ports

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