Tag: metallurgical coal prices
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China: Iron ore spot prices drop d-o-d amid sluggish trading activity
DCE iron ore futures edge down d-o-d High hot metal output lends some support Iron ore fines (Fe 61%) spot prices fell by $1.3/dmt d-o-d to $111.05/dmt CFR China on 12 May 2026 against $112.35/dmt. The decline was mainly attributed to sluggish trading activity for medium-grade fines, though firm downstream steel demand and sustained high…