Category: Fines/Lumps
-
China: Iron ore prices dip to $90/t on weak spot activity despite restocking interest in China
Improving mill margins fuel hopes of demand recovery Weak spot activity and cautious futures sentiment persist Iron ore fines (Fe 61%) spot prices edged down by $1/dmt d-o-d to $90/dmt CFR North China on 13 October 2026, compared with $91/dmt on 12 October. However, prices recovered slightly towards the end of the day as market…