Spot 63.5 Fe iron fines steady at $150-151/t, CFR

Indian fines of 63.5/63 Fe remained stable at $150-151/t CFR China, though trading volumes have been thin.

Market sources report SteelMint, that a large Indian miner has concluded a deal of 63.5/63 Fe fines at 151/t, CFR.

Other deals heard to be closed from Indian Ports are

1. Sesa Goa 54% Fe Lumps at $109/t CFR

2. Sesa Goa 55% Fe Lumps at $114.5/t CFR

3. 59-58% Fe Fines concluded at $112/t FOB Vizag.

Market participants also report that 58% Fe iron ore fines is offered at Rs 3150/t (F.O.R Vizag) in local Indian market.