SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is currently at $155/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $144/mt CFR. The prices above indicated an increase of $7/mt over the past two weeks.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China is at $157/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $161/mt CFR China, indicating an increase of $9/mt over the same period.