Australian and Indian iron ore prices trend sideways

SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content are still quoted at $136-137/mt CFR in China, while the price for Australian Yandi fines with 58 percent iron content is at $123-124/mt CFR. The prices in question have been trending sideways since last week.
 
In the meantime, SteelOrbis has further learned that the price of Indian fines with 63-63.5 percent iron content is still standing at $137-139/mt CFR, while the price of Indian fines with 61-62 percent iron content is at $127-129/mt CFR. Both price ranges have not moved since last week.