South African iron ore lump (Fe 64%) import offers increased by $4.5/t w-o-w to $121/t CNF Kandla on 19 Jun’24 amid a sharp rise in lump premiums. Indian buyers were cautious amid expectations of further price drop. Iron ore (Fe62%) fines spot prices edged up $2/t to $106/t CFR China on 18 Jun. Meanwhile, lump premiums increased by $0.03/dmtu w-o-w to $0.2255/dmtu on 18 Jun.
