NOTE: There will be no news updates over October 1-8 due to China's National Day holiday.
UTC+8 ( BJT)

DAILY: China’s import iron ore prices reverse up

After Wednesday’s falls Chinese iron ore prices for port inventories and seaborne cargoes reversed up slightly on November 28, with Mysteel’s portside iron ore index rising by Yuan 2/wmt ($0.28/wmt) to Yuan 664/wmt FOT Qingdao including 13% VAT. Also on Thursday, the seaborne iron ore index recovered by $0.9/dmt on day to reach $87.8/dmt CFR Qingdao.
Today saw few steel mills table bids for iron ore port inventories in the morning – with some iron ore traders even lowering their offering prices for a while to generate interest – before trading gradually warmed up in the afternoon. For example, in North China’s Tangshan, several iron ore

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