South African iron ore lump (Fe 64%) import offers decreased by $4/t w-o-w to $117/t CNF Kandla on 26 Jun’24 following the drop in global fines prices. No inquiries were witnessed from the Indian buyers for imported lumps. Iron ore (Fe62%) fines spot prices fell by $2/t to $104/t CFR China on 25 Jun. Meanwhile, lump premiums decreased by $0.023/dmtu w-o-w to $0.2025/dmtu on 25 Jun.
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