Tag: CFR North China iron ore
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China: Iron ore fines prices drop over $1/dmt d-o-d amid weak steel demand
Abundant offers, expectations of higher supply pull prices lower Blast furnace maintenance continues to limit iron ore consumption Iron ore fines (Fe 61%) spot prices fell by $1.2/dmt d-o-d to $97.70/dmt CFR North China on 21 July 2026, pressured by weak spot demand and ample offers in the seaborne market. Although mills showed limited demand…