Iron ore fines (Fe 62%) spot prices remained largely stable, inching up by $0.10/t d-o-d to $101.75/t CFR China on 20 Mar’25. Portside sales remained the key focus, as sellers offloaded cargoes at discounts to clear space for new shipments. Import margins were unappealing, and with expectations of further declines in the 62% Fe paper market, premiums are likely to stay firm.
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