China: Iron ore spot prices remain flat d-o-d
Iron ore fines (Fe 62%) spot prices were flat d-o-d at $108.5/dmt CFR China on 31 Dec'25. Market activity remained subdued amid thin liquidity and limited trades. Seaborne prices were rangebound during the year-end holidays. A sharp decline in buying interest was evident, as most mills had already completed procurement ahead of the holidays, leaving little scope for price movement later on.