Tag: iron ore price trends May 2026

Trade remains strong for both mid-, high-grade ore Elevated portside inventories limit price increases Iron ore fines (Fe 61%) spot prices edged up by $0.25/dmt d-o-d to $105.35/dmt CFR China on 28 May 2026 against 26 May. Iron ore prices remained largely stable, supported by active portside demand and improved sentiment in the downstream pig…