DAILY: Weaker demand dents iron ore seaborne market

China’s imported iron ore prices for the port stocks market held steady on August 15 while the seaborne market retreated amid weakening market sentiment.
Mysteel assessed the 62% Australian iron ore fines price indexunchanged atYuan 730/wmt ($103.9/wmt) FOT Qingdao, including the 13% VAT on Thursday. For seaborne cargoes, Mysteel assessed the 62% Fe Australian Iron Ore Index at $88.55/dmt CFR Qingdao and the 62% Fe Iron Ore Low Alumina Index at $88.85/dmt CFR Qingdao, down


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