SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content have declined by $1/mt as compared to last week and are now quoted at $136-137/mt CFR in China, while the price for Australian Yandi fines with 58 percent iron content has indicated a decrease of $1/mt as compared to last week and is currently at $123-124/mt CFR.
In the meantime, SteelOrbis has further learned that the price of Indian fines with 63-63.5 percent iron content is standing at $137-139/mt CFR, while the price of Indian fines with 61-62 percent iron content is at $127-129/mt CFR. Both price ranges have moved down by $1/mt since last week.
Australian and Indian iron ore prices soften
Tags:
Iron Ore Raw Mat Australia India China South Asia Far East Indian Subcon Oceania East Asia and Pacific Steelmaking