South African iron ore lump (Fe 64%) import offers increased by $4/t w-o-w to $113/t CNF Kandla on 7 Aug’24. Indian buyers are still not ready to take any position in the market and there may not be any bookings till September. Iron ore (Fe62%) fines spot prices rose by $3/t w-o-w to $102/t CFR China on 6 Aug.
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