SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China is now at $142/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $132/mt CFR. The prices have increased by $11/mt over the past week.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China has increased by $11/mt since last week to $143/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $149/mt CFR China, indicating an increase of $10/mt as compared to last week.