South African iron ore lump import offers increased, tracking the rise in global iron ore prices. The assessment for lump (Fe 64%) stands today at $95/t against $90/t on 2 Nov’22 CNF Kandla. Benchmark global iron ore fines (Fe 62%) prices increased by $6/t to $89.05/t CNF China. The spot iron ore lump premium fell from $0.15/dry mtu on 2 Nov’22 to $0.11/dmtu on 9 Nov’22.
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