UTC+8 ( BJT)

DAILY: China imported iron ore prices dip further

ABSTRACT

Chinese prices of imported iron ore for both port inventories and seaborne cargoes dipped further on January 17, when buying from steelmakers was flat.
On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao declined by another Yuan 15/wmt ($2.4/wmt) from last Friday to reach Yuan 822/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines also declined by $2.95/dmt from Friday to settle at $123.9/dmt CFR Qingdao.   Most iron

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