SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is now at $114/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $104/mt CFR.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China is at $117/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content stands at $122/mt CFR China.
The prices have moved down by $6/mt over the past week.