Tag: iron ore demand China mills
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China: Iron ore spot prices drop by $1/dmt d-o-d
Benchmark iron ore fines (Fe61%) spot prices inched down by $1.05/t d-o-d to $107.35/dmt CFR China on 8 Apr’26, as mills stayed cautious amid ongoing contract negotiations. As per reports, improved talks between an Australian miner and CMRG may lift near-term medium-grade spot supply, putting slight pressure on prices. While mills continued to buy only…