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DAILY: China's imported iron ore prices drop, sales mixed

Source: Mysteel May 08, 2026 19:32
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Iron Ore Price Trading
Chinese prices of imported iron ore for both portside stocks and seaborne cargoes posted mild declines on May 8, while transaction volumes in the two markets showed opposite trends.
On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 798/wmt ($117/wmt) FOT including the 13% VAT, dipping by Yuan 1/wmt on day, while Mysteel SEADEX 62% Australian Fines also retreated by $0.5/dmt on day to sit at $112.3/dmt CFR Qingdao.   In the derivatives market, domestic iron

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