SteelOrbis has learned from market sources that Australian PB fines with 61.5 percent iron content are quoted at $134-136/mt CFR in China, decreasing by $1/mt as compared to last week, while the price for Australian Yandi fines with 58 percent iron content has indicated a decline of $1/mt as compared to last week and is now at $121-122/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 $136-138/mt CFR, while the price of Indian fines with 61-62 percent iron content is currently standing at $126-128/mt CFR. Both price ranges have decreased by $1/mt as compared to last week.
Australian and Indian iron ore prices soften slightly
Tags:
Iron Ore Raw Mat India China Australia East Asia and Pacific Indian Subcon Oceania South Asia Far East Steelmaking