Tag: high low grade blending
-
China: Iron ore spot prices dip by $1/dmt
Iron ore fines (Fe 62%) spot prices fell by $0.85/dmt to $105.5/dmt CFR China on 15 Sep against 12 Sep’25. The drop was mainly due to more low-Fe cargoes hitting Chinese ports, pressuring sentiment despite decent trading. Some mills are blending high- and low-grade fines, but tight margins capped gains. Demand for direct feedstock stayed…