Tag: Rio Tinto CMRG talks
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China: Iron ore spot prices fall by $1/dmt d-o-d
Ongoing negotiations between CMRG, Australian miner keep market cautious High-priced lumps face limited buying interest, price gap with fines narrows Iron ore fines (Fe 61%) spot prices declined by $0.8/dmt d-o-d to $95.15/dmt CFR North China on 7 August 2026, following the spike yesterday. Seaborne iron ore prices eased marginally as buyers continued to wait…