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DAILY: China's imported iron ore prices trend higher, sales dip

Source: Mysteel Mar 12, 2026 19:31
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Iron Ore Price Trading
China's imported iron ore prices for both portside stocks and seaborne cargoes climbed further on March 12, while trading activity in the two markets saw some decline.
On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao rose by Yuan 5/wmt ($0.7/wmt) from Wednesday to Yuan 782/wmt FOT and including the 13% VAT, while Mysteel SEADEX 62% Australian Fines also jumped by $3.8/dmt on day to $110/dmt CFR Qingdao, the highest since July 5 2024.   In the derivatives market, surging global crude oil prices continued to

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