Tag: lump premium pressure
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China: Iron ore spot prices edge down d-o-d
Iron ore fines (Fe 62%) spot prices inched down by $0.4/dmt d-o-d to $105.2/dmt CFR China on 18 Sep’25 in fresh trading activity. Cargo differentials weakened due to oversupply, leading to slipping port prices as trades increased in Tangshan. Mills turned to medium-grade fines to rebuild stocks amid tight margins, while lump premiums fell due…