SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is at $120-121/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $110-110/mt CFR, both price ranges indicating a decrease of $2/mt as compared to last week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China has moved down by $1/mt over the same period and is currently at $121-123/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $126-128/mt CFR China, indicating a decline of $2/mt since last week.