Iron ore fines (Fe 62%) spot prices inched up by $0.3/dmt to $101.5/dmt CFR China on 7 Aug’25. The market remained range-bound, driven by a wider spread that lifted seaborne high-grade fines, pressuring port-stock traders and causing import losses for Aug-Sep cargos. Weaker finished steel demand and a slight drop in iron ore imports impacted sentiment in China, but stronger macroeconomic data and trading activity helped limit the decline.
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