Tag: South African Lumps
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India: Iron ore lump import offers edge up on global cues
Import prices of South African iron ore lump (Fe 65%) to India have increased by up to $240/t, CIF Kandla-higher by $10-15/t on week. However, there is lack of buying interest as buyers are procuring ore from Karnataka in general and pellets from Bellary in particular, as per sources. Meanwhile, the benchmark global iron ore…