SteelOrbis has learned from market sources that the price for Australian PB fines with 61.5 percent iron content for China has registered an increase of $8-9/mt as compared to last week and is currently at $131-132/mt CFR, while the price for Australian Yandi fines with 58 percent iron content for the same destination is now standing at $120-121/mt CFR, indicating an increase of $8/mt over the same period.
In the meantime, the price of Indian fines with 63-63.5 percent iron content for China has moved up by $6/mt to $131-132/mt CFR, while the price of Brazilian Carajas fines with 66 percent iron content is standing at $136-138/mt CFR China, reflecting an increase of $7/mt since last week.