As of Friday this week, at northern ports: Australian lump ore was priced at 40.2-40.7 yuan/mtu, up 1.25% WoW from last Friday; South African semi-carbonate ore was priced at 33.9-34.4 yuan/mtu, unchanged WoW from last Friday; Gabonese ore was priced at 39-39.8 yuan/mtu, up 2.60% WoW from last Friday; South African high-iron ore was priced at 29.4-29.7 yuan/mtu, up 0.34% WoW from last Friday; South African medium-iron ore was priced at 34.2-34.7 yuan/mtu, up 1.47% WoW from last Friday.
At southern ports: Australian lump ore was priced at 39.9-40.4 yuan/mtu, up 0.50% WoW from last Friday; South African semi-carbonate ore was priced at 34-34.5 yuan/mtu, unchanged WoW from last Friday; Gabonese ore was priced at 39.3-39.8 yuan/mtu, up 1.28% WoW from last Friday; South African high-iron ore was priced at 29.7-30.2 yuan/mtu, up 3.45% WoW from last Friday; South African medium-iron ore was priced at 34.6-35.1 yuan/mtu, up 1.75% WoW from last Friday.
In the overseas market, South32's offer for South African semi-carbonate lump ore with a September 2025 shipment date to China was $4.05/mtu (up $0.15), and the offer for Australian lump ore was $4.45/mtu (up $0.1). Coupled with the recent positive market sentiment in the domestic manganese ore market, miners have maintained firm offers, with Australian lump ore, Gabonese lump ore, South African high-iron ore, and South African medium-iron ore all experiencing varying degrees of increases...