Offers of South African lump to India have risen following an uptrend in global prices. SteelMint’s assessment for South African lumps (Fe 64%) now stands at around $178-183/t, CNF Kandla. Offers have increased by around $20 in the last two weeks. The spot iron ore fines (Fe 62%) index increased to $167/t, CNF China, up by around $20 in the last two weeks.
Leave a Reply