DAILY: China’s imported iron ore market buoyant
Source:MysteelJan 07, 2019 18:45See Full-size Table Here
China’s prices of imported iron ore recorded further gains on January 7, with Mysteel’s 62% Australian iron ore fines price index for seaborne cargoes rising by another $1.3/dmt on day to $74.7/dmt CFR Qingdao. In parallel, the price for ore of the same grade and origin at the ports also rallied but by only Yuan 3/wmt ($0.4/wmt) to reach Yuan 569/wmt FOT Qingdao and including 16% VAT.
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