WEEKLY: China iron ore prices plunge as trading dies

Source: Mysteel Nov 04, 2019 17:30

Chinese iron ore prices reversed down over the October 28-November 1 week when a new round of emergency production curbs on steel mills in North and East China dampened many mills’ buying interest in raw materials.

As of November 1, the pricing index for 62% Australian iron ore fines for port inventories was assessed at Yuan 674/wmt ($95.79/wmt) FOT Qingdao and including the 13% VAT – down Yuan 27/wmt on week and a new low since May 6. That for seaborne cargoes of the same

Price Curve

Daily Prices

Average spread between domestic and imported iron ore prices: China's major mills

Mar 31, 2026 10:05
Imported iron ore prices: China's major cities

Mar 31, 2026 09:23
Iron ore portside prices: Lanqiao Port

Mar 31, 2026 09:22
Iron ore portside prices: Jingtang port

Mar 31, 2026 09:21
Iron ore portside prices: Dalian port

Mar 31, 2026 09:19

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