SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is at $118-119/mt CFR, indicating a decline of $2/mt since last week, while the price for Australian Yandi fines with 58 percent iron content for the same destination have decreased by $3/mt over the same period and is now standing at $107-108/mt CFR.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China is currently at $120-122/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $125-127/mt CFR China, with both price ranges indicating a decrease of $1/mt as compared to last week.