South African iron ore lumps import offers increased by $10/t compared to the last assessment on 1 Mar’23. Offers of Fe64% lumps stand at $145/t CNF Kandla as on 21 Mar’23. However, benchmark global iron ore fines (Fe62%) prices decreased by $6.15/t w-o-w to $126.5/t CNF China on 20 Mar’23. The spot iron ore lump premium increased by $0.012/t w-o-w to $0.1060/dmtu on 20 March.
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