Author: Nidhi Awasthi
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India: South African iron ore lump offers fall by $2/t w-o-w
South African iron ore lump (Fe 64%) import offers decreased by $2/t w-o-w to 127/t CNF Kandla on 29 May’24 amid a drop in iron ore futures and global market sentiments. No inquiries from India were heard and prices of domestic lumps and pellets are quite competitive. The benchmark Fe 62% fines index dipped $3/t…