Tag: Chinese port inventories

Physical buying remains slow despite higher prices Portside oversupply continues to cap seaborne demand Iron ore fines (Fe 61%) spot prices raised by $0.55/dmt d-o-d to $93.75/dmt CFR North China on 5 August 2026, giving a small rebound post cautious market sentiment. The recovery was supported by easing geopolitical concerns following ongoing diplomatic efforts to…