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DAILY: China’s iron ore prices soften on fewer inquiries

China’s imported iron ore prices softened on February 23, with fewer inquiries observed throughout the whole day.
On Tuesday, Mysteel’s PORTDEX 62% Fe Australian Iron Ore Fines index declined by Yuan 18/wmt ($2.8/wmt) on day to Yuan 1,177/wmt FOT Qingdao and including the 13% VAT. The same day, the SEADEX 62% Australian Iron Ore Fines price dropped too, easing by $2.4/dmt on day to $172.7/dmt CFR Qingdao. Iron


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