South African iron ore lumps (Fe64%) import offers increased by $3/t w-o-w to $135/t CNF Kandla today. Benchmark global iron ore fines (Fe 62%) prices stood at $126.65/t CNF China and spot iron ore lump premium was at $0.1150/dmtu, as on 20 Jan’23. The Chinese market will remain close for the next few days on account of the Lunar New Year holidays.
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