Tag: Kandla port iron ore lumps prices
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India: South African iron ore lump offers climb up by $4/t w-o-w
India’s import offers for South African iron ore lumps (Fe 64%) increased by $3.5/t w-o-w to $114.5/t CNF Kandla on 14 May’25. However, inquiries were lower amid competitive domestic and imported pellet prices, with some sources stating that imported lumps were not viable amid weaker steel margins. Meanwhile, China’s spot prices of seaborne iron ore…