SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China has moved up by $3/mt since last week to $122-123/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $112-113/mt CFR, indicating 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 for China has firmed up by $2/mt over the same period and is currently at $122-124/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $128-130/mt CFR China, indicating an increase of $1/mt since last week.