India’s import offers for South African iron ore lumps (Fe 64%) decreased sharply by $8.5/t w-o-w to $108/t CNF Kandla on 9 April. Buyers were keen to rather wait for the prices to stabilise before opting for procurements. China’s seaborne spot prices of iron ore (Fe 62%) fines dropped $8/t w-o-w to $96/t CFR on 8 April.
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