India’s offers for imported South African iron ore lumps (Fe 64%) dropped by $1.5/t w-o-w to $113/t CNF Kandla on 21 May’25. No major inquiries were witnessed for imported lumps following the competitive prices of domestic raw material and imported pellets. China’s seaborne spot prices for iron ore (Fe 62%) fines fell by $1/t w-o-w to $100/t CFR on 20 May.
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