China: Iron ore spot prices inch up by nearly $1/t d-o-d

Iron ore fines (Fe 62%) spot prices rose by $0.55/t d-o-d to $93.30/t CFR China on 26 Jun’25, supported by fresh bookings in the mid-grade segment. As per reports, strong finished steel data led to a market recovery in the afternoon session, but this did not stimulate much trading activity or significantly raise iron ore prices. Chinese port-stock prices continued to hold firm d-o-d in recent trades.


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