Australian and Indian iron ore prices – week 25

Monday, 18 June 2012 17:19:55 (GMT+3)   |  
       

SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content have risen by $1-2/mt as compared to early June and are now quoted at $136-137/mt CFR in China, while the price for Australian Yandi fines with 58 percent iron content has indicated an increase of $2/mt as compared to early June and is currently at $123-124/mt CFR.
 
In the meantime, SteelOrbis has further learned that the price of Indian fines with 63-63.5 percent iron content is still standing at $136-138/mt CFR, while the price of Indian fines with 61-62 percent iron content is at $126-128/mt CFR. Both price ranges have trended sideways since early June.

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