South African iron ore lump import offers into India have increased on the trail of global iron ore prices. The current assessment for imported lump (Fe 65%) stands at $125/t CNF Kandla. Global iron ore fines (Fe 62%) prices have increased by $7/t, w-o-w, to $115/t CNF China on 30 Sep’21. The spot iron ore lump premium has increased to $0.1280/dmtu this week.
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