WEEKLY: Better sentiment gives a lift to China's import iron ore prices

Source: Mysteel Nov 03, 2025 15:15

Prices for imported iron ore in China generally increased over the past week, bolstered by the improved market sentiment following the recent breakthrough in US-China trade talks, Mysteel Global notes.

By October 31, Mysteel PORTDEX 62% Australian Fines in Qingdao had increased by Yuan 25/wmt ($3.5/wmt) on week to reach Yuan 806/wmt FOT and including the 13% VAT, while Mysteel SEADEX 62% Australian Fines also gained $2.3/dmt on week to $106.3/dmt CFR Qingdao. The same day, the most-traded iron ore