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DAILY: China's imported iron ore price rebound, port sales...

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    DAILY: China's imported iron ore price rebound, port sales fall

    Chinese prices for imported iron ore at portside and seaborne markets both picked up on July 31 after Tuesday's clear declines, but trading in the portside market thinned.On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao rose to Yuan 776/wmt ($107.5/wmt) FOT and including the 13% VAT, higher by Yuan 10/wmt from Tuesday. The same day, Mysteel SEADEX 62% Australian Fines also gained by $1.4/dmt on day to reach $100.6/dmt CFR Qingdao.
 
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