Integrated steel producers are paying $39/mt for sinter feed fines of 65 percent iron contents, FOB conditions, no taxes included, a company source told SteelOrbis.
The price compares to an average of $37/mt last week, reflecting the alterations in the Chinese spot market.
“With the recent ups and downs in China, the shipment date is playing a role in establishing the price,” he said, adding that the price of lumps remains at $43/mt, while the price of pellets remains at $69/mt, both FOB conditions, the same as last week.