South African iron ore lump import offers remain unchanged, as per SteelMint assessment. Lump ore (Fe 65%) stands at $120/t CNF Kandla, stable w-o-w. Benchmark global iron ore fines (Fe 62%) prices increased by $2/t on a d-o-d basis to $110/t CNF China on 15 Dec’21. The spot iron ore lump premium is stable at $0.1350/dmtu on 15 Dec.
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