India’s import offers for South African iron ore lumps (Fe 64%) dropped by $1/t w-o-w to $105.5/t CNF Kandla on 25 Jun’25. Buying interest for imported lumps is rising, with potential deals imminent as pellet imports have halted due to recent geopolitical conflicts. China’s seaborne spot prices for iron ore (Fe 62%) fines remained stable w-o-w at $93/t CFR on 24 June.
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