Tag: May Day iron ore demand

China: Iron ore spot prices continue to show stability ahead of holidays

Apr 30, 2025

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by

Adarsh Sahu

in Fines/Lumps

Iron ore fines (Fe 62%) spot prices remained largely stable at $99.30/t CFR China on 29 Apr’25. Trades picked up for low- and mid-grade fines ahead of the Labour Day (1-5 May) holidays, supported by healthy liquidity in the seaborne market despite cautious sentiment. Portside prices dipped as mills wrapped up their portside restocking activity.