Imported iron ore lump inquiries in India continue to remain low as offers rise further

Buying inquiries for imported South African lump to India have continued to remain low as global prices have hit over a nine-year high. The current assessment for imported lump stands at around $220/t, CNF Kandla. The global iron ore fines (Fe 62%) index increased to $178.45/t, CNF China on 4th Mar’21 on supply tightness of high-grade ore.


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