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DAILY: China’s imported iron ore prices firm but trades dip

Prices for imported iron ore in China's portside and seaborne markets edged up on November 27 but trading thinned, mainly due to the softening market sentiment.
Mysteel's PORTDEX 62% Fe Australian Fines index increased for the second day, rising by Yuan 6/wmt ($0.9/wmt) on day to Yuan 903/wmt FOT Qingdao and including the 13% VAT on November 27. Also, the SEADEX 62% Fe Australian Fines index nudged up for the fourth day by a small $0.1/dmt


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