Tag: Kandla port iron ore lumps prices

India: South African iron ore lump offers climb up by $4/t w-o-w

May 14, 2025

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by

Ratiram Gurjar

in Fines/Lumps

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…