China: Iron ore spot prices climb by $2/dmt d-o-d
Iron ore fines (Fe 61%) spot prices increased by $1.9/dmt to $104.55/dmt d-o-d CFR China on 9 Mar d-o-d against 6 Mar’26. Supported by firmer end-user demand and improved macro sentiment, the market opened the week on a positive note. Positive cues from the Two Sessions and firm energy prices supported sentiment, while expectations of stronger demand before the peak construction season kept trading activity steady.
