Tag: iron ore futures correction
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China: Iron ore spot prices remain firm d-o-d
Iron ore fines (Fe 61%) spot prices remained largely stable at $107.90/dmt CFR China on 21 Apr’26 d-o-d. The decline in futures largely reflected a technical correction following recent gains, as earlier bullish momentum subsided, with spot prices mirroring the trend. Stable blast furnace operations in China helped keep iron ore prices at elevated levels,…