Tag: China Australia iron ore talks
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China: Iron ore spot prices edge up despite thin trading
Outlook remains cautious despite favourable prices Limited port inventories lend mild support to prices Iron ore fines (Fe 61%) spot prices gained marginally by $0.2/dmt to $98.9/dmt CFR China on 29 June 2026. The market witnessed limited price movement as trading activity remained thin amid an uncertain near-term outlook. Despite favourable fixed-pricing conditions, overall sentiment…