WEEKLY: Restocking demand bolsters China's import iron ore prices

Source: Mysteel Jan 05, 2026 14:35

Chinese prices for imported iron ore trended higher during December 29 2025-January 4 2026, mainly bolstered by the restocking demand among steel mills, according to Mysteel's latest survey.

On January 4, the makeup working day for the New Year's Day holiday in China over January 1-3, Mysteel PORTDEX 62% Australian Fines in Qingdao stood at Yuan 812/wmt ($116/wmt) FOT and including the 13% VAT, higher by Yuan 11/wmt from December 26. Over the same period, Mysteel SEADEX