SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is now at $117/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $107/mt CFR. The prices have increased by $6/mt over the past week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China is at $119/mt CFR, indicating an increase of $6/mt since last week, while the price of Brazilian Carajas fines with 66 percent iron content has moved up by $7/mt to $125/mt CFR China.