Iron ore fines (Fe 62%) spot prices dropped by $0.95/dmt to $100.95/dmt CFR China on 30 Jul’25 due to muted portside trading and a weak physical market. Port prices dipped as interest weakened, although traders held firm on high-grade fines amid strong demand and wider Fe 65/62% spread. Production curbs and policy support kept mill margins stable, sustaining demand for pellets and lumps.
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