Tag: Iron Ore Prices

China: Iron ore spot prices increase by $1/t d-o-d as fuel, freight costs surge

Sep 4, 2026

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by

Adarsh Sahu

in Fines/Lumps

Steel mills remain cautious amid weak margins Higher freight costs keep supply concerns in focus Iron ore fines (Fe 61%) spot prices bumped up by $1/dmt d-o-d to $99/dmt CFR China on 3 September 2026. The increase came as futures prices recovered during the session, although market sentiment remained cautious amid ongoing geopolitical uncertainties. Mills…