SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content have increased by $1/mt on the lower end as compared to middle of this week and are now quoted at $148-149/mt CFR in China, while the price for Australian Yandi fines with 58 percent iron content is still at $135-136/mt CFR.
In the meantime, SteelOrbis has further learned that the price of Indian fines with 63-63.5 percent iron content is now standing at $150-152/mt CFR, while the price of Indian fines with 61-62 percent iron content is at $141-143/mt CFR. Both of these Indian iron ore offers to China have remained unchanged as compared to the middle of this week.
Australian and Indian iron ore prices
Tags:
Iron Ore Raw Mat China Australia India Oceania East Asia and Pacific Far East Indian Subcon South Asia Steelmaking