Iron ore fines (Fe 62%) spot prices rose marginally by $0.3/t d-o-d to $95.2/t CFR China on 8 Jul’25, due to strong trading, primarily focused on medium-grade fines. The increase followed gains in the ferrous complex, with iron ore reflecting the uptrend in steel futures and other raw materials. However, mills were not eager to buy bulk stock, acquiring material only as needed.
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