India: South African iron ore lump import offers edge down by $2/t w-o-w

South African iron ore lump import offers slightly fell by $2/t CNF Kandla w-o-w compared to the last assessment on 22 Feb’23. The assessment for lump (Fe64%) stands at $135/t CNF Kandla on 1 Mar’23. Benchmark global iron ore fines (Fe 62%) prices fell by $7.75/t, w-o-w to $124.1/t CNF China on 28 Feb’23. The spot iron ore lump premium decreased by $0.016/t to $0.0855/dmtu w-o-w on 28 Feb.