Author: Nidhi Awasthi

Iron ore fines (Fe 62%) spot prices remained largely stable d-o-d at $105.45/t CFR China on 4 Feb’25 as the market remained subdued during the Lunar New Year holidays. Sentiment was mixed over potential supply disruptions due to cyclones impacting Rio Tinto’s western Australia operations. While concerns over supply tightness surfaced, sufficient inventories at Chinese…