Iron ore fines (Fe 61%) spot prices declined by $0.55/dmt to $107.25/dmt CFR China on 28 Apr d-o-d. Prices eased as earlier supply concerns over restricted portside cargoes subsided, allowing mills to resume trading and procurement of these cargoes upon meeting specified requirements. Port-stock prices also declined, amid expectations that previously restricted volumes would gradually re-enter the market and lift spot availability.
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