Tag: Australian iron ore supply
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China: Iron ore spot prices decline by $1/dmt d-o-d
Iron ore fines (Fe 61%) spot prices dropped by $1.3/dmt d-o-d to $104.75/dmt CFR China on 14 Apr’26. Prices fell as procurement curbs eased following talks between an Australian miner and CMRG, with the market expecting price corrections across medium-grade Australian fines amid an improved supply outlook. However, mills remained cautious, adopting a wait-and-watch stance…