Tag: high-phosphorus iron ore

Iron ore fines (Fe 62%) spot prices stood firm at $94.15/t CFR China on 30 Jun’25, unchanged from 27 Jun, supported by continued fresh bookings. Port stock prices stayed rangebound, though market sentiment continued to remain sluggish. Market participants noted growing acceptance of high-phosphorus cargoes, while mid-grade fines gained preference among buyers for cost optimisation.