Tag: steel mills blending

Iron ore fines (Fe 62%) spot prices increased by $1.45/dmt d-o-d to $103.9/dmt CFR China on 28 Aug’25. Prices rose on better economic signals and stronger futures. Confidence improved after China talked of upgrading its steel sector in 2025-26, but trading stayed slow. Steel mills continued to show interest in high- and low-grade blending, amid…