WEEKLY: Bullish sentiment buoys China's import iron ore prices

Source: Mysteel Jan 12, 2026 14:45

Chinese prices for imported iron ore continued increasing during January 4-9, following the general uptrend in the ferrous market that saw market sentiment turn bullish, according to Mysteel's latest survey.

By January 9, Mysteel PORTDEX 62% Australian Fines in Qingdao had risen to Yuan 830/wmt ($/wmt) FOT and including the 13% VAT, up by Yuan 18/wmt from January 4, the substitute working day for China's three-day New Year's holiday. Over the same period, Mysteel SEADEX 62% Australian Fines also