UTC+8 ( BJT)

India low-grade iron ore export index remains rangebound

ABSTRACT

SteelMint's weekly export index for low-grade Indian iron ore fines (Fe 57%) is assessed at $26/t FOB east coast India. Prices remained range-bound for the week.
  Demand for iron ore continues to slide amidst the ongoing winter steel production curbs and sintering restrictions in China.   Low finished steel demand continues to impact demand for iron ore. In view of fast-falling steel margins and coke prices, producers may switch to blends of low-grade iron ore fines.   "Indian iron ore

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