DAILY: China’s imported iron ore prices mixed, sales thin

The price for port stocks of imported iron ore in China retreated on August 25, while that for seaborne cargoes increased slightly, and sales in both markets remained thin.

On August 25, Mysteel PORTDEX 62% Australian Fines in Qingdao dropped by Yuan 4/wmt ($0.6/wmt) on day to Yuan 1,042/wmt FOT and including the 13% VAT, while on the same day, Mysteel SEADEX 62% Australian Fines grew for the second day though by a small $0.15/dmt on day to