Tag: Iron Ore Prices
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China: Iron ore fines prices drop by $1/t amid cautious trading
Australian strike concerns offer limited market support Traders suspend offers amid widening portside losses Iron ore fines (Fe 61%) spot prices dipped by $0.5/dmt d-o-d to $93.2/dmt CFR North China on 4 August 2026, extending the recent downtrend amid subdued physical demand and cautious market sentiment. Portside trading remained sluggish as mills continued to adjust to…