South African iron ore lump import offers to India are decreasing along with the downtrend in global iron ore prices. The current assessment for imported iron ore lump (Fe 65%) stands at $250/t, CNF Kandla, down by $20 w-o-w. Meanwhile, the benchmark global iron ore fines (Fe 62%) index has decreased by $6 w-o-w to $215/t, CNF China, on 25 Jun’21.
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