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DAILY: Active buying lifts China imported iron ore price

Source: Mysteel Mar 29, 2021 19:14
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Domestic Iron Ore Imported Iron Ore Industry
China’s imported iron ore prices increased on March 29, supported by recovering procurement.
On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao rose Yuan 17/wmt ($2.6/wmt) on day to Yuan 1,145/wmt FOT and including the 13% VAT. The SEADEX 62% Australian Fines jumped $5.9/dmt on day to $167.25/dmt CFR Qingdao, the highest since March 11. Traders at Chinese portside markets lifted their iron

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