Tag: China Politburo stimulus

Weak futures signal cautious sentiment ahead Sluggish demand weighs on spot buying Iron ore fines (Fe 61%) spot prices edged up by $0.25/dmt d-o-d to $95.3/dmt CFR North China on 31 July 2026, showing a slight rebound. Portside trading activity remained subdued, with most buyers adopting a cautious stance amid weak futures and uncertain steel…