Tag: iron ore market
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China: Iron ore spot prices rise by $1/dmt
Iron ore prices edge higher amid supply-side uncertainty Weak buying momentum keeps market stance cautious Iron ore fines (Fe 61%) spot prices edged up by $0.75/dmt d-o-d to $96.05/dmt CFR North China on 18 August 2026. The uptick was supported by continued uncertainty around Australian supply, although the market remained largely cautious as buyers assessed…