India’s import offers for South African iron ore lumps (Fe64%) dropped by $4/t w-o-w to $109/t CNF Kandla on 28 May’25. West coast mills are currently using both domestic and imported pellets. Therefore, no demand or inquiries have been recorded for imported lumps. China’s seaborne spot prices of iron ore (Fe 62%) fines fell by $4/t w-o-w to $96/t CFR on 27 May’25.
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