Tag: low-grade iron ore blending

Iron ore fines (Fe 62%) spot prices inched down by $0.9/t to $95.2/t CFR China on 9 Jun’25 against 6 Jun’25 . The drop was driven by higher usage of low-grade fines for blending, as mills aimed to control input costs and maintain margins. While softer coke prices offered some relief, sentiment turned neutral due…