India: Iron ore fines export index falls $6/t w-o-w amid weak sentiments

Source: BigMint Nov 18, 2024 08:30

Global iron ore fines prices, futures fall w-o-w. Indian exporters adopt wait-and-watch stance.

This week, iron ore prices in the seaborne market experienced a decline as global fines prices continued to drop, impacting market sentiment and trading activities. Market participants remained cautious, with some anticipating adjustments in pricing from China. In response to increasing pressure, Chinese mills are now looking for more