Tag: steel mills procurement trends
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China: Iron ore spot prices inches up by $1/t d-o-d
Iron ore fines (Fe 61%) spot prices increases by $0.80/t d-o-d to $105.55/dmt CFR China on 15 Apr’26. Prices rose as market liquidity improved with the return of major miners and easing restrictions on mid-grade products. The uptick was supported by increased inquiries and higher pig iron production at mills. While trade activity may improve,…