On January 25, Mysteel PORTDEX 62% Australian Fines in Qingdao grew by Yuan 28/wmt ($4.4/wmt) on day to Yuan 892/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines increased too by $3.95/dmt on day to $136.85/dmt CFR Qingdao.
The uptick in iron ore futures
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