South African iron ore lump import offers to India have decreased tracking the slide in global iron ore prices. The current assessment for imported lump (Fe 65%) stands at around $235/t CNF Kandla, down by $10 w-o-w. Meanwhile, benchmark global iron ore fines (Fe 62%) prices have decreased by around $6/t w-o-w to $195/t CNF China on 30 Jul’21 on dull demand amid steel production curbs in China.
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