Author: Nidhi Awasthi
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China: Iron ore spot prices rise by $1/t d-o-d
Iron ore fines (Fe 62%) spot prices edged up by $0.95/t to $101.95/t CFR China on 11 Mar’25 due to fresh market activity. Seaborne cargo prices increased, though wider discounts were seen on some medium-grade fines as Australian shipments resumed. Some sources noted that the market had stabilised, with end-user demand favouring premium medium-grade products…