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Why is Indian powder ore of the same quality more expensive than Brazilian coarse powder?

In fact, compared with India, Brazil has a longer transportation distance. This is the conventional thinking that the price of Brazilian ore must be higher than that of Indian ore. But now, with the implementation of India’s policies to restrict iron ore exports such as raising export tariffs on iron ore, the supply of iron ore in India is getting smaller and smaller, especially high-grade printing powder. Therefore, in certain periods, the price of Indian ore of the same grade is higher than that of Australian ore. It is possible, but judging from the current prices, the external price of Indian powder with the same 63% grade is 144-145 US dollars, while the Brazilian mine is 145-146 US dollars. The two are almost the same, but the Brazilian mine is still slightly higher than the Indian mine. high.

Brazilian ore grades are generally high, with more than 55% or even 65% being normal. 90% red. Ferrite form.

The ore grade in India is slightly lower than that in Brazil, but Usually grade above 60%, red, jasper iron rock form.