China: Iron ore spot prices drop by $1/dmt d-o-d

Iron ore fines (Fe 62%) spot prices fell by $0.6/dmt d-o-d to $107.05/dmt CFR China on 10 Sep’25 amid limited trading activity. Mills, hit by weak margins and high raw material costs, turned to non-mainstream and medium-grade fines, as pricey high-grade ore squeezed profitability. Seasonal demand for sintered products is also expected to pick up soon, once coke tags show a downtrend.


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