SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is now at $144/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $136/mt CFR. Prices indicate a decrease of $6/mt week on week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China has decreased by $6/mt as compared to last week to $147/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $150/mt CFR China, indicating a decline of $7/mt over the same period.