Indian low grade iron ore fines export price inch up

Indian low-grade iron ore fines (Fe 57/58) export price has increased marginally this week to around USD 57-58/MT, CFR China witnessing a weekly hike of USD 2/MT.
As per the sources, an Odisha based major merchant miner has concluded 55,000 MT low-grade iron ore (57/58%) to China at around USD 57-58/MT CFR, China for end Dec shipment. Market participants are hopeful of global iron ore prices to remain supported in near short term. As per data compiled by SteelHome consultancy, iron ore inventory at major


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