Tag: iron ore inventory China
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China: Iron ore spot prices drop by $1/t d-o-d in recent trade
Iron ore fines (Fe 62%) spot prices edged down by $1.2/t d-o-d to $92.95/t CFR China on 24 Jun’25. Recent trading activity has shifted towards medium-grade fines, leading to a decline in prices after a brief increase. According to reports, market confidence in short-term demand has waned due to the low season and lack of…