Tag: Fe 62% iron ore fines
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China: Iron ore spot prices edge down by $1/t d-o-d
Iron ore fines (Fe 62%) spot prices fell by $0.8/t to $94.9/t CFR China on 7 Jul against 4 Jul’25. Prices declined as renewed trade tensions and ongoing steel output restrictions in China weighed on market sentiment, even though trading activity remained strong. Meanwhile, stable portside fines prices, low lump inventories, and increased demand for…