South African iron ore lump (Fe 64%) import offers rose by $5/t w-o-w to $111/t CNF Kandla on 10 Apr’24. The deals were not concluded as buyers hold the bids amid the sharp volatility in the spot iron ore prices. Iron ore (Fe 62%) fines spot prices also rose by $6/t w-o-w to $108/t CFR China on 9 April due to improved market sentiments.
