China: Iron ore spot prices remain firm d-o-d
Iron ore fines (Fe 61%) spot prices remained stable d-o-d at $108.0/dmt CFR China on 22 Apr'26. Trading remained moderate across primary and secondary markets, as participants stayed cautious amid concerns over import margins and awaited clarity on portside curbs. Prices were supported by improved ferrous sentiment and pre-holiday restocking ahead of Labour Day, though tight mill margins continued to cap demand for higher-grade products.