Tag: China Iron Ore
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China: Iron ore spot prices edge up by $1/dmt d-o-d
Iron ore fines (Fe 62%) spot prices rose by $1.25/dmt to $106.05/dmt CFR China on 24 Nov’25, supported by steady buying interest for mid-grade fines against 61% Fe for January deliveries. Winter restocking and firm steel prices lifted sentiment, though fundamentals remain soft. Real estate support has not materialised yet, but upcoming political meetings and…