Tag: Golden Week impact
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China: Iron ore spot prices hold firm d-o-d with healthy mid-grade fines buying
Iron ore fines (Fe 62%) spot prices remained largely stable d-o-d at $106.5/dmt CFR China on 24 Sep’25. Market support came from stronger demand for medium-grade fines, with a shift in preference from high-low blends. Steel mills, preparing for Golden Week, showed higher spot buying interest for restocking, which kept trading activity firm. Portside price…