India: Iron ore import inquiries rise as global prices fall

Source: BigMint Oct 10, 2026 09:40

Imported 65% Fe lump offers reach $118-120/t CFR India. Tight domestic ore supply boosts import interest

Iron ore import inquiries in India have increased as a decline in global prices has improved the economics of imported material amid tightening domestic availability, market participants said. South African 65% Fe lump is currently being offered at around $118-120/tonne (t) CFR India, with buyers showing increased interest in imported

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