China: Iron ore spot prices dip d-o-d amid muted trades

Iron ore fines (Fe 62%) spot prices edged down by $0.3/dmt d-o-d at $105.6/dmt CFR China on 17 Sep’25. The iron ore market was largely steady, as rising low-grade fines made blending costlier. Medium-grade trading picked up, but discounts widened. Port prices remained range-bound with mills already restocked, while high costs and possible Tangshan curbs kept fresh buying muted.


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