Author: Adarsh Sahu
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China: Iron ore spot prices remain weak amid ongoing holidays
Some buyers seeking out low-priced cargoes amid holiday lull Production cuts, high port inventories may limit price recovery Iron ore fines (Fe 61%) spot prices remained unchanged at $91/dmt CFR China on 5 October 2026, holding close to last week’s level. The Chinese market remained largely subdued due to the ongoing Golden Week holiday, with…