DAILY: Chinese imported iron ore prices rebound, port trading drops further

Source: Mysteel Aug 01, 2025 19:50

China’s imported iron ore prices in both the portside and seaborne markets rebounded on August 1, while buying activity in the two markets moved in opposite directions.

On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao rose by Yuan 5/wmt ($0.7/t) from Thursday to Yuan 769/wmt FOT and including the 13% VAT. Similarly, Mysteel SEADEX 62% Australian Fines edged up by $0.55/dmt on day to $98.8/dmt CFR Qingdao. Meanwhile, domestic iron ore futures softened today, though at