Tag: iron ore price rise

Iron ore fines (Fe 62%) spot prices rose by $1.80/t to $101.10/t CFR China on 23 Apr’25. The increase was driven by improved market sentiment following positive signals emanating from potential reductions in US-China trade tariffs, boosting the overall outlook. Seaborne trade activity remained limited; however, interest in low- and mid-grade fines improved as market…