Tag: steel margins China

Iron ore fines (Fe 62%) spot prices dipped by $0.4/dmt d-o-d to $106.1/dmt CFR China on 25 Sep’25. The market softened as trades centered on medium-grade fines, with stronger interest seen for November cargoes. Steel margins are currently on the tighter side, and the recent increase in coke prices could reduce demand for fines. Cost-effectiveness…