DAILY: China's imported iron ore prices slip, seaborne trading surges

Source: Mysteel Aug 13, 2025 20:00

China’s imported iron ore prices fell in both the portside and seaborne markets on August 13, while buying activity in the two markets showed contrasting trends, with seaborne cargo trading enjoying a sharp jump.

On Wednesday, Mysteel PORTDEX 62% Australian Fines in Qingdao slid by Yuan 2/wmt ($0.3/wmt) from Tuesday to Yuan 787/wmt FOT and including the 13% VAT. Similarly, Mysteel SEADEX 62% Australian Fines declined by $0.85/dmt on day to stand at $102.45/dmt CFR Qingdao the same day. In the domestic futures market,