SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content are quoted at $147-149/mt CFR in China, while the price for Australian Yandi fines with 58 percent iron content is still at $135-136/mt CFR. Both price ranges reflect an increase of $1/mt as compared to two weeks ago.
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 these Indian iron ore offer ranges for China have increased by $1/mt over the last two weeks.
Australian and Indian iron ore prices rise slightly
Tags:
Iron Ore Raw Mat India China Australia Oceania South Asia East Asia and Pacific Indian Subcon Far East Steelmaking