Author: Nidhi Awasthi
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China: Iron ore fines prices rise slightly d-o-d on expectations of higher hot metal output
Expectations of higher consumption support prices Softer portside market reflects cautious buying Iron ore fines (Fe 61%) spot prices inched up by $0.10/dmt d-o-d to $97.30/dmt CFR North China on 29 July 2026. The slight gain was underpinned by expectations of improved blast furnace utilisation and higher hot metal production in the coming days, although…