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WEEKLY: China’s iron ore concentrate prices trend up

China’s domestic iron ore concentrate prices continued to increase over July 15-19, with offer prices rising by Yuan 20-40/tonne ($2.9-5.8/t) in sync with the upward trend of imported iron ore prices, according to Mysteel’s latest weekly survey released late last Friday.
Over the survey period, prices of imported iron ore both for port inventories and seaborne cargoes increased week on week, with Mysteel’s price index for the 62% Australian iron ore fines at Qingdao port, East China’s Shandong, gaining another Yuan 20/wmt on week to Yuan 909/wmt FOT and including the

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