Tag: Middle East tensions
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China: Iron ore fines prices rise by over $1/dmt on supply disruption fears
Workers’ strike at Australia’s Port Hedland may disrupt supply Need-based mill procurement continues, capping price gains Iron ore fines (Fe 61%) spot prices gained $1.15/dmt d-o-d to $99.1/dmt CFR China on 8 July 2026, tracking gains in Dalian iron ore futures as renewed geopolitical tensions in the Middle East and concerns over potential supply disruptions…