Tag: mid-grade iron ore demand

China’s iron ore fines (Fe 62%) spot prices inched up by $1.10/t d-o-d to $94.40/t CFR on 27 Jun’25, supported by a positive market outlook and fresh bookings in the mid-grade segment. The gain followed active buying, driven by inventory restocking and improved sentiment around stronger pig iron output recently. However, high portside inventories continued…