Tag: China lump premiums
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China: Iron ore spot prices inch up d-o-d
Iron ore fines (Fe 62%) spot prices rose marginally by $0.3/t d-o-d to $95.2/t CFR China on 8 Jul’25, due to strong trading, primarily focused on medium-grade fines. The increase followed gains in the ferrous complex, with iron ore reflecting the uptrend in steel futures and other raw materials. However, mills were not eager to…