Tag: Brazilian iron ore fines

China: Iron ore spot prices decline by $1/dmt d-o-d amid cautious market sentiment

May 21, 2026

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by

Adarsh Sahu

in Fines/Lumps

Steel mills prefer lower-priced material despite healthy margins Expectations of portside price corrections weigh on sentiment Iron ore fines (Fe 61%) spot prices fell by $0.75/dmt d-o-d to $107.25/dmt CFR China on 20 May against $108.00/dmt on 19 May 2026. Iron ore prices softened amid cautious market sentiment and expectations of additional correction in portside…