Tag: medium-grade iron ore

Iron ore fines (Fe 62%) spot prices edged up by $1.35/dmt d-o-d to $106.55/dmt CFR China on 19 Sept’25. The rise was driven by mills restocking with medium-grade fines despite tight margins. Overall buying stayed cautious, but demand was firmer for early November cargoes. In Tangshan, mills leaned on medium-to-low grade blends as a cheaper…