Iron ore fines (Fe 62%) prices rose by $1.25/dmt to $108.4/dmt CFR China on 29 Oct’25, supported by steady mid-week liquidity. Market sentiment stayed slightly positive as rising iron ore imports supported confidence. However, buyers remained cautious, watching steel margins and stock levels. With Tangshan’s production limits lasting until 3 Nov, most mills bought only as needed, waiting for clearer market signals.
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