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

Source: Mysteel May 12, 2026 19:38
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Imported Iron Ore Price Trading
Chinese prices of imported iron ore weakened for both portside stocks and seaborne cargoes on May 12, while transactions diverged in the two markets.
On Tuesday, Mysteel PORTDEX 62% Australian Fines in Qingdao was assessed at Yuan 795/wmt ($117/wmt) FOT and including the 13% VAT, down Yuan 9/wmt from Monday. The same day, Mysteel SEADEX 62% Australian Fines slipped by $1.3/dmt from the previous day to $112.3/dmt CFR Qingdao.   China's major ferrous derivatives generally

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