Tag: Politburo meeting impact

China: Iron ore spot prices rise 1.3% amid positive outlook

Dec 2, 2025

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by

Adarsh Sahu

in Fines/Lumps

Iron ore fines (Fe 62%) spot prices rose about 1.3% to $107.35/dmt CFR China on 1 Dec against 28 Nov. The Asian seaborne iron ore market firmed up on improved macro sentiment, with a rebound driven by expectations of US Fed rate cuts and support from the upcoming year-end Politburo meeting. The domestic Chinese market…