China: Iron ore spot prices rise marginally on 4 Feb

Iron ore fines (Fe 61%) spot prices edged up slightly by $0.25/t to $102.25/dmt CFR China on 4 Feb’26 d-o-d. Prices edged up marginally after mills completed most pre-Lunar New Year restocking. Market activity remained subdued, with thin liquidity in both primary and secondary markets as buyer interest weakened, leading to only a limited number of transactions in recent sessions.


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