Tag: ferrous market rally

China: Iron ore spot prices edge down d-o-d as mills remain cautious

May 15, 2026

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by

Adarsh Sahu

in Fines/Lumps

Mills monitor developments in ongoing US-China talks Healthy mill margins, steel production data support prices China’s imported iron ore fines (Fe 61%) spot prices fell slightly by $0.55/dmt d-o-d to $111.5/dmt CFR China on 13 May 2026 against $112.05/dmt a day earlier. Mills largely remained cautious, closely monitoring developments from the ongoing US-China discussions in…