SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China has decreased by $4/mt since last week and is now at $137/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $128/mt CFR, moving down by $4/mt over the past week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China is at $138/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is now standing at $142/mt CFR China, seeing a decline of $4/mt over the same period.