Tag: January 2027 iron ore futures

China: Iron ore spot prices rise to 2-month high on supply uncertainty

Sep 9, 2026

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by

Adarsh Sahu

in Fines/Lumps

Supply uncertainty and higher freight costs aid sentiment Firm Chinese buying drives iron ore price recovery Iron ore fines (Fe 61%) spot prices rose by $1/dmt d-o-d to $101/dmt CFR China on 8 September 2026, marking the highest level since 17 June. The recovery was supported by stronger physical buying in China, expectations of higher…