India’s import offers for South African iron ore lumps (Fe 64%) climbed up by $5.5/t w-o-w to $114/t CNF Kandla on 22 Jan’25 amid a rise in global fines and lump premium prices. However, inquiries were absent, following some active deals in Kandla for imported pellets from MENA regions. China’s seaborne spot prices of iron ore (Fe 62%) fines moved upward by $4/t w-o-w to $105/t CFR on 21 Jan.
Leave a Reply