DAILY: Seaborne iron ore prices fluctuate narrowly amid limited liquidity

Seaborne iron ore prices moved within a narrow range on Monday, August 10, 2026. The Mysteel SEADEX 61% Fines was stable at $94.25/dmt, while the corresponding 62% Low Alumina Fines index rose by 0.05% or $0.05/dmt to $100.50/dmt. Both indices are based on CFR Qingdao.

Trading activities in the primary market remained limited due to overseas holidays. While in the secondary market, most traders were actively sending offers, with most buyers adopting a wait-and-see approach at the start of the week. "We planned to purchase some mainstream medium-grade iron ore fines such as PBF or