Tag: medium grade iron ore demand

Iron ore fines (Fe 62%) spot prices fell marginally by $0.4/t d-o-d to $96.80/t CFR China on 30 May’25. The decline was driven by muted trading and limited interest, with mills favouring medium to low-grade fines for cost efficiency, leading to increase in demand. While more offers surfaced in the market, overall interest remained subdued,…