Iron ore fines (Fe 61%) spot prices rose by $0.25/dmt to $105.1/dmt d-o-d CFR China on 11 Mar d-o-d. due to steady spot trades in medium-grade fines.Higher inventories of mainstream fines at Chinese ports hurt portside prices. Mills remained cautious in procurement amid narrow margins, while elevated port stocks are likely to cap further price gains in the near term.
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