Iron ore fines (Fe 62%) spot prices edged down by $0.45/t d-o-d to $98.15 /dmtu CFR China on 15 Jul’25. Prices trended down despite steady trading activity, with steel mills focussing largely on medium-grade fines. Chinese port prices remained steady amid unchanged fundamentals. However, despite the dip, sentiment stayed upbeat with premium trades still seen in the secondary market.
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