Iron ore fines (Fe 62%) spot prices remained largely stable d-o-d at $106.5/dmt CFR China on 24 Sep’25. Market support came from stronger demand for medium-grade fines, with a shift in preference from high-low blends. Steel mills, preparing for Golden Week, showed higher spot buying interest for restocking, which kept trading activity firm. Portside price recovery added support, though landing margins remained under pressure.
Leave a Reply