Tag: South African Lumps Import
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India: Imported South African iron ore lump offers rise $5/t w-o-w
South African iron ore lump (Fe 64%) import offers increased by $4.5/t w-o-w to $121/t CNF Kandla on 19 Jun’24 amid a sharp rise in lump premiums. Indian buyers were cautious amid expectations of further price drop. Iron ore (Fe62%) fines spot prices edged up $2/t to $106/t CFR China on 18 Jun. Meanwhile, lump…