Iron ore fines (Fe 62%) spot prices stayed firm d-o-d at $108/dmt CFR China on 5 Dec’25. Market sentiment was supported by active trading in medium-grade fines, with cargo laycans scheduled for mid- to late-Jan’26. Deals continued to cover multiple brands. However, rising blast furnace maintenance plans at mills may exert downward pressure on portside prices in the near term.
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