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DAILY: China imported iron ore prices drop further

Source: Mysteel Nov 11, 2024 19:19
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Imported Iron Ore Price Trading
Chinese imported iron ore prices continued losing ground in both the portside and seaborne markets on November 11, while trading for port stocks cooled as well.
On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao reached Yuan 759/wmt ($105.5/t) FOT and including the 13% VAT, lower by Yuan 10/wmt from last Friday, while Mysteel SEADEX 62% Australian Fines also dropped by $1.95/dmt from Friday to reach $101/dmt CFR Qingdao.   The central government's announcement last week of

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