Tag: Golden Week restocking China
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China: Iron ore spot prices edge down d-o-d
Iron ore fines (Fe 62%) spot prices fell marginally by $0.45/dmt to $100.35/dmt CFR China on 22 Aug’25. Trading was limited, mostly in mid-grade fines. Buyers showed more interest in October cargoes, with restocking expected ahead of China’s Golden Week holidays. With production levels declining, mills may reduce spot market purchases and keep raw materials…