Tag: seaborne freight rates

China: Iron ore spot prices extend gains d-o-d as lower port stocks offer support

Sep 5, 2026

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by

Adarsh Sahu

in Fines/Lumps

Limited low-grade availability increases acceptance of discounted grades Weak mill margins weigh on demand for premium iron ore Iron ore fines (Fe 61%) spot prices edged up marginally by $1/dmt d-o-d to $100/dmt CFR China on 4 September 2026. The marginal increase came despite subdued activity in the primary market, with more transactions heard in…