Tag: Imported South African Lump offers

South African iron ore lump (Fe 64%) import offers increased by $5.5/t w-o-w to $122.5/t CNF Kandla on 3 Jul’24 following the surge in global fines prices. Indian buyers have remained in wait-and-watch mode. Iron ore (Fe62%) fines spot prices rose by $7/t to $111/t CFR China on 2 Jul. Meanwhile, lump premiums remained stable…