Tag: CFR China spot market
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China: Iron ore prices rise by $1/dmt d-o-d
Iron ore fines (Fe 61%) spot prices inched up by $0.85/dmt d-o-d to $106.65/dmt CFR China on 6 Jan’26. Some trades were recorded, mainly in medium-grade fines, as mill demand showed a mild pick-up. Higher inquiries and spot deals pointed to steady buying interest, though not aggressive. Port inventories remained stable, and with downstream demand…