DAILY: China's imported iron ore prices edge lower, port trading rises

Source: Mysteel Aug 19, 2025 19:40

China’s imported iron ore prices in the portside and seaborne markets both slipped on August 19, while buying activity varied in the two markets.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao dropped by Yuan 2/wmt ($0.3/wmt) from Monday to Yuan 770/wmt FOT including the 13% VAT, the lowest it's been in over two weeks. Similarly, Mysteel SEADEX 62% Australian Fines also slid by $0.25/dmt from the previous day to $100.1/dmt CFR Qingdao. Meanwhile, the