DAILY: China's import iron ore prices assessed lower, sales rebound

China's imported iron ore prices for both portside stocks and seaborne cargoes lost steam on April 28, while trading activities saw a rebound as mills rushed to seize cheaper feeds.

On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 767/wmt ($112/wmt) FOT and including the 13% VAT, lower by Yuan 4/wmt on day. Similarly, Mysteel SEADEX 62% Australian Fines also edged down $0.5/dmt from Monday to $108.7/dmt CFR Qingdao. In the derivative market, the most-traded iron