SHANGHAI Nov 24 （Reuters） - Imported offers of iron ore to China firmed on Wednesday after the domestic steel market regained strength on ore supply tightness from India.
The benchmark Steel Index .IO62-CNI=SI climbed to $164.9 per tonne, the highest level in six months.
Iron ore offers have inched up to above $170 per tonne since Tuesday amid tightening supply from India, the world's third-largest iron ore exporter.
A rally in the spot steel market also lifted the iron ore market and encouraged iron ore suppliers to keep prices firm or higher.
Spot steel prices had rebounded this week, with rebar prices rising to 4,540 yuan （$683.4） per tonne on Wednesday, up 1.6 percent from Monday, industry consultancy Mysteel said.
Benchmark May contract rebar futures on the Shanghai Futures Exchange SRBK1 climbed quickly to trade at around 4,630 yuan per tonne in the morning, after slipping 0.8 percent to close at 4,607 yuan per tonne on Tuesday. （$1=6.643 Yuan） （Reporting by Ruby Lian and Tom Miles; Editing by Chris Lewis）
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