Tag: Simandou project

Lower prices prompt mills to replenish inventories Tight lump availability continues to support prices Iron ore fines (Fe 61%) spot prices edged down by $0.5/dmt d-o-d to $95.3/dmt CFR North China on 17 August 2026, as concerns over the supply outlook continued to keep buyers cautious. However, improved seaborne margins have brought some buying interest…