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DAILY: China’s iron ore prices slump, trading thins

Source: Mysteel May 13, 2021 19:05
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Ferrous Industry
China’s prices of imported iron ore for both port inventories and seaborne cargoes slumped on May 13, with trading in the seaborne market cooling.
On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao declined by Yuan 66/wmt ($10.2/wmt) on day to Yuan 1,609/wmt FOT and including the 13% VAT, while on the same day, Mysteel SEADEX 62% Australian fines also dropped by $16.05/dmt on day to $217.65/dmt CFR Qingdao. During the day on May

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