Tag: seaborne iron ore premiums
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China: Iron ore spot prices inch up d-o-d amid improved demand
Iron ore fines (Fe 62%) spot prices rose by $0.50/dmt to $104.5/dmt CFR China on 24 Jul’25. The slight uptick came as buying interest improved, though tight landing margins for mainstream fines at Chinese ports continued to cap premiums. Support from adjacent markets, notably coking coal, kept prices firm. With rates elevated, traders are eager…