Tag: Seaborne Iron ore Prices

Ample supply, thin steel mill margins weigh on market Selective buying emerges as lower prices boost demand Iron ore fines (Fe 61%) spot prices declined by $1.6/dmt d-o-d to $93.7/dmt CFR North China on 3 August 2026. China’s seaborne iron ore market remained under pressure at the start of the week as weak steel mill…