Tag: iron ore spot price China

DCE iron ore futures edge down d-o-d High hot metal output lends some support Iron ore fines (Fe 61%) spot prices fell by $1.3/dmt d-o-d to $111.05/dmt CFR China on 12 May 2026 against $112.35/dmt. The decline was mainly attributed to sluggish trading activity for medium-grade fines, though firm downstream steel demand and sustained high…