Iron ore fines (Fe 62%) prices edged down by $0.3/dmt to $107.4/dmt CFR China on 31 Oct’25. According to reports from Tangshan, a tight supply of domestic ore was observed in Hebei, which lent slight support to prices. However, prices edged down, as fines were preferred over lumps, and procurement remained need-based amid cooling macroeconomic sentiment.
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