Tag: CFR China iron ore prices

Rising steel inventories continue to pressure iron ore prices Medium-grade fines dominate limited spot market trades Iron ore fines (Fe 61%) spot prices lowered by $0.9/dmt to $97.55/dmt CFR China on 25 June 2026 amid weakening market sentiment. The correction was driven by deteriorating steel demand and bearish expectations across China’s steel sector. Apparent steel…