Tag: global iron ore price update

Iron ore fines (Fe 61%) spot prices dipped by $0.4/dmt d-o-d to $107.6/dmt CFR China on 23 Apr’26. Prices softened marginally, pressured by a moderate correction in futures after recent gains as bullish momentum eased. Policy signals on energy conservation and steel output controls and expectations of rising supply also weighed on sentiment. Meanwhile, limited…