SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is now at $134/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $125/mt CFR, both prices indicating a decrease of $12/mt over the past one week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China has also declined by $12/mt over the past week to $135/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is now standing at $139/mt CFR China, seeing a drop of $13/mt over the same period.