Tag: post-holiday restocking
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China: Iron ore spot prices inch up by $2/dmt d-o-d
Iron ore fines (Fe 62%) spot prices edged up by $1.65/dmt d-o-d to $105.85/dmt CFR China on 9 Oct’25 as market activity resumed after China’s Golden Week holidays. Steel mills are focused on preserving profit margins after the holiday, increasing demand for medium- and low-grade fines. In China, port iron ore prices have risen due…