South African iron ore lump (Fe 64%) import offers rose by $4/t w-o-w to $119.5/t CNF Kandla on 24 Apr’24 following the slight improvement in the global prices compared to the last week. No buying interest was observed from Indian buyers as they favored domestic pellets over imported lumps. Iron ore (Fe 62%) fines spot prices also rose by $4/t w-o-w to $114/t CFR China on 23 April.
