SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is now at $129/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $119/mt CFR. The prices have moved down by $2/mt over the past week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China has decreased by $1/mt since last week to $131/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is now at $137/mt CFR China, softening by $2/mt as compared to last week.