Iron ore fines (Fe 62%) spot prices moved up by $1.25/dmt (1.2%) to $108.35/dmt CFR China on 18 Dec’25, supported by a bullish market outlook. Trading activity improved, especially for medium-grade fines. Sentiment remained positive on hopes of support for the steel market in an expected stimulus package from the government. Portside prices inched up, with Tangshan busier than Shandong.
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