India: South African iron ore lump import offers remain range-bound

South African iron ore lump import offers remain unchanged tracking global iron ore prices. Imported lump (Fe 65%) stands at $120/t CNF Kandla, stable w-o-w. Benchmark global iron ore fines (Fe 62%) prices remained largely stable on a d-o-d basis at $107/t CNF China on 9 Dec’21. The spot iron ore lump premium decreased to $0.1405/dmtu as assessed on 9 Dec.


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