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Indian iron ore export sluggish

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Publish time: 21st November, 2012      Source: ChinaCCM
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Recently, the export quotes of the Indian iron ores contain 63% Fe to the US market have declined to US$120/ton FOB.

It's analyzed that the poor demands from Chinese steel mills and Indian local buyers have affected Indian iron ore export prices.

Meanwhile, it's said that the spot prices of Indian iron ores contain 50% Fe are at US$50~US$55/ton FOB.