In falling spot iron ore market in China, an Indian exporter managed to close a deal of around 40,000 metric tons of iron ore fines at around $110/t CFR China.
Not many deals have been concluded recently on falling iron ore prices in Chinese markets.
Indian Fe 63.5/63 is hovering around $146/t CFR China, although buying interests are very thin.
Indian exporters are offering Mill scale at around $135-137/t CFR China (in bulk).

Leave a Reply