Tag: Spot Prices China

China: Iron ore spot prices inch up d-o-d amid expectations of improved demand

Apr 2, 2025

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by

Adarsh Sahu

in Fines/Lumps

Iron ore fines (Fe 62%) spot prices rose $0.25/t to $104.1/t CFR China on 1 Apr’25, amid expectations of a Q2 2025 demand recovery. However, concerns about the availability of low-priced material limited gains. Seaborne activity was muted, with a focus on higher-grade fines, while low- to mid-grade cargoes faced negative margins. Reportedly, some northern…