Tag: China steel market slowdown

Rising seaborne supply expectations weigh on sentiment Lower pig iron output impacts raw material procurement Iron ore fines (Fe 61%) spot prices remained largely stable, edging up by $0.4/dmt d-o-d to $101.5/dmt CFR China on 5 June 2026 against 4 June. Earlier in the week, prices had declined amid weak market sentiments. Market sentiment remained…