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DAILY: China iron ore prices inch up, trading flat

Imported iron ore prices in China’s portside and seaborne markets posted further gains on January 15, though trading was relatively flat.
On Friday, Mysteel’s PORTDEX 62% Fe Australian Fines index rose by another Yuan 5/wmt ($0.8/wmt) on day to Yuan 1,159/wmt FOT Qingdao and including the 13% VAT. On the same day, Mysteel’s SEADEX 62% Fe Australian Fines price also inched up by $0.8/dmt on day to $171.9/dmt CFR Qingdao. Traders’ sentiment


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