Category: Fines/Lumps
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China: Iron ore spot prices decline $2/dmt d-o-d amid elevated inventories
Higher Australian ore supply put pressure Mills monitoring coking coal, coke prices Iron ore fines (Fe 61%) spot prices fell by $1.7/dmt d-o-d to $105.1/dmt CFR China on 26 May against $107.25/dmt on 25 May 2026. Prices dropped as additional cargoes of low-grade Australian fines entered the Chinese portside market, weighing on sentiment despite expectations…