Tag: steel output drives iron ore demand

China: Iron ore spot prices move up by $1/t d-o-d

Jul 4, 2025

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by

Adarsh Sahu

in Fines/Lumps

Iron ore fines (Fe 62%) spot prices inched up by $1.2/t d-o-d to $96.3/t CFR China on 3 Jul’25, with recent trades driven by temporarily elevated crude steel output. Rising buying interest in direct feedstock materials is expected to persist in the short term, driven by low port inventories.