SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China stands at $118-119/mt CFR, while the price for Australian Yandi fines with 58 percent iron content is standing at $110-111/mt CFR. Both price ranges indicate an increase of $1/mt as compared to last week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content has moved up by $2/mt since last week and is now at $120-122/mt CFR China, while the current price of Brazilian Carajas fines with 66 percent iron content is at $127-129/mt CFR, indicating a decrease of $1/mt as compared to last week.