Tag: seaborne lump premiums

China: Iron ore spot prices hit over 1-month low on weak demand, ample supply

Sep 30, 2026

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by

Adarsh Sahu

in Fines/Lumps

Iron ore prices fall amid weak steel demand Ample supply and lower hot metal output weigh on demand Iron ore fines (Fe 61%) spot prices declined by $1/dmt d-o-d to $93/dmt CFR China on 29 September 2026, their lowest level in over a month, from $94/dmt on 28 September. The market remained under pressure from…