India: Iron ore fines index rangebound w-o-w amid weakened sentiments

Source: BigMint Jun 09, 2025 08:30

Deals largely absent in market. Current prices not viable for export deals.

Indias iron ore fines export index remained rangebound this week, reflecting subdued market sentiment and limited trading activity. Market participants reported weak demand for Indian-origin material, particularly from China, the key buyer, where mills have shifted focus to cheaper alternatives available in the global market. Prices and deals: BigMint's bi-weekly Indian

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