Tag: low-grade fines demand
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China: Iron ore spot prices dip by $1/dmt d-o-d
Iron ore fines (Fe 62%) spot prices edged down by $0.80/dmt to $104/dmt CFR China on 23 Jul’25. The recent dip was a modest pullback after gains driven by a strong macroeconomic rally. Reports indicate reduced trading interest and thinner liquidity at key ports. Although China’s hydropower project in Tibet could boost the steel sector,…