Tag: iron ore outlook
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China: Iron ore fines prices edge down d-o-d as market sentiment weakens
Sudden price hike in earlier sessions reduces buying interest Prices may remain supported at around $100/t in near term Iron ore fines (Fe 61%) spot prices softened by $0.4/dmt to $99.6/dmt CFR China on 16 July 2026 despite several supporting factors. Seaborne iron ore prices edged down, as buyer sentiment cooled following the sudden hike…