China: Iron ore spot prices hold stable amid thin market liquidity

Iron ore fines (Fe 62%) spot prices stood firm at $106.75/dmt CFR China on 22 Sep against 19 Sep. The stability came even as some trades in medium-grade fines surfaced. Port prices stayed flat on thin liquidity, with mills waiting and watching. As per reports, restocking may pick up before the National Day break, but despite steady demand, both port and seaborne markets remain sluggish.


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