Tag: iron ore spot price drop

Iron ore fines (Fe 62%) spot prices edged down by $0.7/t d-o-d to $95.65/t CFR China on 5 Jun’25. The slight decline followed slow downstream demand, which limited mills’ buying interest. Market prices stayed largely range-bound with trades still active. Weak finished steel demand dampened sentiment, though lump demand remained steady with a few spot…