Tag: Spot Iron Ore Prices

Iron ore fines (Fe 62%) spot prices surged by $2.65/t d-o-d to $101.25/t CFR China on 13 May’25, amid healthier market sentiment following easing trade tensions between China and the US. The market saw increased fresh trading activity after the announcement. Additionally, mills’ outputs rose marginally, supported by strong raw material demand, healthy margins, and…