India: South African iron ore lump offers rise by $5/t w-o-w

India’s import offers for South African iron ore lumps (Fe 64%) increased by $4.5/t w-o-w to $121.5/t CNF Kandla on 10 Sep’25. Prices of imported lumps increased due to a rise in global iron tags, but demand was low, as buyers preferred cheaper pellets. Some deals were heard in other regions. Chinese spot iron ore fines prices rose $5/t w-o-w to $108/t CFR on 9 Sep.


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