India: South African iron ore lump offers rise by $4/t w-o-w
India's import offers for South African iron ore lumps (Fe 64%) increased by $4/t w-o-w to $110/t CNF Kandla on 9 Jul'25. Sources noted strong demand for imported iron ore lumps. Buyers from south India have secured cargo at competitive prices. China's seaborne spot prices for iron ore (Fe 62%) fines climbed up $2/t w-o-w to $95/t CFR on 8 July.