South African iron ore lump (Fe 64%) import offers rose by $4.5/t w-o-w to $115.5/t CNF Kandla on 17 Apr’24. No deals were made from India due to higher offers and lack of buyer interest. Steelmakers preferred domestic pellet and iron ore over imported material. Iron ore (Fe 62%) fines spot prices also rose by $2/t w-o-w to $110/t CFR China on 16 April.
