Tag: Fe 62%

China: Iron ore spot prices climb up by $3/t d-o-d amid renewed buying interest

Apr 11, 2025

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by

Adarsh Sahu

in Fines/Lumps

Iron ore fines (Fe 62%) spot prices increased by $2.6/t d-o-d to $98.35/t CFR China on 10 Apr’25. Fresh trading activity supported seaborne prices, though uncertainty persisted due to US-China trade tensions. Mills also turned to alternative raw materials amid declining steel margins. However, hot metal output remains stable, and production cuts are expected, with…