India: South African iron ore lump import offers increase by $5/t, w-o-w

South African iron ore lump import offers increased by $5/t, w-o-w, tracking the rise in global iron ore prices. Lump (Fe 64%) prices stand at $110/t CNF Kandla on 14 Sept. Benchmark global iron ore fines (Fe 62%) prices rose by $6.95/t, w-o-w, to $104.25/t CNF China on 14 Sept. Spot lump premiums moved down from $0.0945/dry mtu last week to $0.0925/dmtu this week.


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