India’s import offers for South African iron ore lumps (Fe 64%) dropped by $2/t w-o-w to $106.5/t CNF Kandla on 18 Jun’25. Imported lump bookings are possible soon due to geopolitical tensions in the MENA region, as deliveries of overseas-origin pellet cargo are expected to be halted. China’s seaborne spot prices of iron ore (Fe 62%) fines fell by $2/t w-o-w to $93/t CFR on 17 June.
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