Tag: spot iron ore market
-
China: Iron ore spot prices rise by over $1/t d-o-d
Iron ore fines (Fe 62%) spot prices rose by $1.05/dmt to $101.65/dmt CFR China on 5 Aug’25 on speculative capital inflows following a sharp rally in coking coal futures, hitting daily limit. Medium-grade fines led the gains, backed by steady demand and the upcoming holidays. Portside prices stayed firm on strong buying, with mills seeking…