Spot Iron ore prices in China unchanged on Monday, with limited trade activities.
Market participants blame falling steel prices for low demand of iron ore.
Traders are eyeing a tender by Australian miner Rio Tinto for price cues.
Rio is offering 100,000 tons of 61 percent grade Australian Pilbara iron ore fines at a tender on Monday and another 65,000 tons of 58.6 percent fines, traders said.
Rio last sold Pilbara fines at $147.32 a ton on Thursday and traders expect the new cargo to be sold at around the same level.
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