Tag: Australia Brazil iron ore shipments
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China: Iron ore fines edge lower as weak steel demand outweighs portside buying
Trading remained centred on medium-grade fines Seasonal slowdown continued to weigh on steel demand Iron ore fines (Fe 61%) spot prices edged down by $0.4/dmt d-o-d to $97.95/dmt CFR China on 7 July 2026, as seasonal weakness in China’s steel demand and higher shipments from Australia and Brazil outweighed firmer portside trading activity. Trading remained…