Iron Ore’s Year-End Standoff: Tight Fines Meet Rising Stocks

Key Points SGX IODEX-linked 62% Fe traded around $107.15/t this morning, with roughly 11.27k contracts on the feed. Port inventories rose to 148.8 million tons, while mills’ finished-steel stocks fell to 14.5 million tonnes. Supply quirks support the floor, while 2026 steel controls and export rules shape the ceiling. The SGX IODEX-linked 62% contract hovered […]