Tag: iron ore outlook
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China: Iron ore spot prices remain subdued at $95/t as buying weakens
Brazilian freight costs weigh on low-grade fines competitiveness Thin pre-holiday trading keeps Chinese buyers cautious Iron ore fines (Fe 61%) spot prices remained weak at $95/dmt CFR China on 23 September 2026 against 22 September, unchanged from the previous day, as market activity remained muted. Sentiment remained subdued amid unverified market reports suggesting that elevated…