Tag: Iron Ore Prices
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China: Iron ore spot prices hit one-month high on firmer blend-fines demand
Expectations of restocking demand provide support Higher coke, energy costs supporting market sentiment Iron ore fines (Fe 61%) spot prices rose by $1.1/dmt d-o-d to $99.7/dmt CFR China on 31 August 2026, reaching over one-month high. The gain was supported by improved trading of medium-grade blend fines, firmer ferrous sentiment and expectations of restocking demand,…