Tag: Indian Imports
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Buying inquiries for imported iron ore lump in India remain low on high offers
Inquiries for Imported offers for South African lump to India remain low amid continued high global prices. The current assessment for imported lump stands at around $185-187/t, CNF Kandla, largely stable w-o-w. Mills continue to prefer domestic ore amid cost effectiveness. The global iron ore fines (Fe 62%) index was assessed at $172.8/t, CNF China…