Tag: port stock inventories China

Iron ore fines (Fe 62%) spot prices edged up by $0.7/dmt d-o-d to $106.35/dmt CFR China on 12 Sep’25, amid hopes of stronger downstream demand, easing coking coal costs, and US interest rate cut expectations. However, with thin seaborne trade and healthy port inventories, the rally looks sentiment-driven. Mills prioritised cost-saving blends, and buyers remained…