Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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June 2008 | Steel Raw Materials


Indian traders hopeful Chinese buying will pick up: Iron Ore Analysis


The Indian spot market import trade with China remains depressed even as traders on the Indian side, hopeful of increased buying levels, embellish media reports their government is about to introduce a 15% export tax on iron ore.

The Indian spot market import trade with China remains depressed even as traders on the Indian side, hopeful of increased buying levels, embellish media reports their government is about to introduce a 15% export tax on iron ore. Under the current system, a Rs300/tonne ($7/tonne) levy is imposed on material with Fe content greater than...

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