Tag: china steel market

  • China: Spot iron ore prices inch up as mills return to market

    China: Spot iron ore prices inch up as mills return to market

    Uncertainty surrounding Port Hedland operations support rise Weak mill margins, steel production cut concerns cap gains Iron ore fines (Fe 61%) spot prices increased marginally by 0.35/dry metric tonne (dmt) d-o-d to around $95/dmt CFR China on 16 September 2026. China’s iron ore port inventories increased after declining for four consecutive days, suggesting some improvement…