India’s import offers for South African iron ore lumps (Fe 64%) inched down by $0.5/t w-o-w to $111.5/t CNF Kandla on 23 Apr. Gujarat-based mills secured imported pellets at competitive offers, so deals for lumps remained absent despite some inquiries being floated. China’s seaborne spot prices of iron ore (Fe 62%) fines edged down by $1/t w-o-w to $99/t CFR on 22 Apr.

Leave a Reply