China: Iron ore spot prices edge down by $1/t d-o-d
Iron ore fines (Fe 62%) prices declined by $0.7/dmt to $107.7/dmt CFR China on 30 Oct'25, despite steady buying activity. Fresh strip tenders for blend fines were reported, while portside iron ore prices edged lower amid fading optimism from recent macroeconomic news. Weak market fundamentals and continued sintering restrictions in the Tangshan region further dampened buying interest, keeping overall sentiment cautious.