China’s portside iron ore prices stay firm
Mysteel April 24 18.45
China’s prices for imported iron ore at the port and seaborne markets remained stable on April 24 with Mysteel’s PORTDEX 62% Fe iron ore fines price dipping by a small 1/wmt ($0.1/wmt) on day to reach Yuan 661/wmt FOT Qingdao including the 13% VAT. On the same day, the SEADEX 62% Fe iron ore fines price eased by a similarly tiny $0.25/mt on day to $83.3/dmt CFR Qingdao.
Some traders actively reduced their offer prices for iron ore stocks by as much as Yuan 5/wmt in morning business Friday. For their part, some steelmakers showed strong interest in purchasing more ore.
https://www.mysteel.net/article/full-5015337/DAILY--Chinas-portside-iron-ore-prices-stay-firm.html
$83.3 dmt, Qingdao. SEADEX 62%Fe. April 24.
Iron ore price, page-21033
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