Tag: Assmang

Imported South African Lump Offers to India Fall Further

Oct 20, 2015

—

by

Nishtha Mukherjee

in Uncategorized

Declining spot iron ore prices in China have made imported iron lump offers to India further cost effective. Kumba lump (Fe 64%) offers are around USD 62-64/MT, CIF Kandla for shipments to arrive in Nov’15. While offers for Assmang lump (Fe 65+) are at USD 66/MT, CIF Kandla for Nov’15 shipments. A market participant shared…