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Low-grade Fe fines export prices up on China demand

Indian low-grade iron ore fines prices gained by $2/t w-o-w amid active deal-making. SteelMint assessed the Fe 58/57% fines at $72-73/t, CFR China.
Iron ore demand remains robust in China while global iron ore supplies remain tight. Low-grade fines tracked gains in the closely-tracked Fe 62% CFR China price, which gained by $3.45/t on Wednesday to $106.9/t. The 62% fines have gained over the past month fuelled by demand from Chinese mills ramping up

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