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China's market for imported iron ore Friday witnessed a drop in trading volumes though prices stayed firm. Mysteel's 62% Portside Iron Ore Fines Index gained Yuan 3/wmt ($0.5/wmt) on day to Yuan 454 Friday FOT Qingdao and including 16% VAT while the 62% Seaborne Iron Ore Fines Index was $0.1/dmt higher on day at $64/dmt CFR Qingdao.
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Chinese prices of imported iron ore were generally stable on June 21, with Mysteel's 62% Portside Iron Ore Fines Index unchanged at Yuan 451/wmt ($69.5/wmt) on day FOT Qingdao including 16% VAT, and Mysteel's 62% Seaborne Iron Ore Fines Index lower by $0.25/dmt on day to $63.9/dmt CFR Qingdao Thursday.
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China's market for imported iron ore stayed generally stable on Wednesday while buying enthusiasm recovered slightly.
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Prices of imported iron ore in China slumped on June 19, with Mysteel's 62% Portside Iron Ore Fines Index decreasing by Yuan 17/wmt ($2.6/wmt) on day to Yuan 449/wmt FOT Qingdao and including the 16% VAT, while Mysteel's 62% Iron Ore Fines Index lost $1.8/dmt on day to $63.9/dmt CFR Qingdao.
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China's market for imported iron ore softened on June 15 as most steelmakers had already finished replenishing stocks ahead of the Dragon Boat Festival holiday weekend over June 16-18. However, Mysteel's 62% Portside Iron Ore Fines Index remained unchanged at Yuan 466/wmt ($72.6/wmt) FOT Qingdao including the 16% VAT.
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Chinese spot prices of imported iron ore remained stable on Thursday, market watchers said. Transaction volumes plummeted as North China's Tangshan city ordered local steel mills to cut production on environmental grounds.
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Prices of imported iron ore in China remained almost stable on June 13, with Mysteel's 62% Portside Iron Ore Fines Index unchanged at Yuan 466/wmt FOT Qingdao and including the 16% VAT, and Mysteel's 62% Iron Ore Fines Index being lower by a tiny $0.1/dmt from Tuesday at $65.75/dmt CFR Qingdao.
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Mysteel's 62% Portside Iron Ore Index remained unchanged on day on June 12 at Yuan 466/wmt ($72.8/wmt) FOT Qingdao and including 16% VAT, while the 62% Seaborne Iron Ore Index increased $0.3/dmt on day to $65.85/dmt CFR Qingdao.
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Prices of imported iron ore in China moved up slightly on June 11, with Mysteel's 62% Portside Iron Ore Fines Index increasing by a tiny Yuan 2/wmt ($0.3/wmt) on day to Yuan 466/wmt FOT Qingdao and including the 16% VAT, and Mysteel's 62% Iron Ore Fines Index edging $0.65/dmt higher from last Friday to $65.55/dmt CFR Qingdao.
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China's imported iron ore market cooled down on June 8, seeing a drop in both price and trading volumes, according to market watchers. Mysteel's 62% Portside Iron Ore Fines Index declined by Yuan 5/wmt ($0.78/wmt) on day to Yuan 464 Friday FOT Qingdao and including 16% VAT, while the 62% Seaborne Iron Ore Fines Index was $0.2/dmt lower on day to $64.9/dmt CFR Qingdao.
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Chinese spot prices of imported iron ore remained stable on Thursday, market watchers said. Transaction volumes shrank as the government's environmental checks on industrial facilities gathered pace.
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China's imported iron ore prices strengthened further on June 6 with Mysteel's 62% Portside Iron Ore Fines Index being up Yuan 7/wmt ($1.1/wmt) on day to yuan 469/wmt FOT Qingdao including the 16% VAT and Mysteel's 62% Seaborne Iron Ore Fines Index up $0.5/dmt on day to $65.1/dmt CFR Qingdao, but trading showed signs of receding amid price rises.
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China's iron ore market for port stocks warmed up on June 5 with both trading volume and prices rising. Tuesday's Mysteel's 62% Portside Iron Ore Fines Index rose Yuan 4/wmt ($0.6/wmt) on day to Yuan 462/wmt FOT Qingdao and including 16% VAT.
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Prices of imported iron ore in China were almost static on June 4, with Mysteel's 62% Portside Iron Ore Fines Index down by only Yuan 1/wmt ($0.16/wmt) on day to Yuan 458/wmt FOT Qingdao and including the 16% VAT, and Mysteel's 62% Iron Ore Fines Index being $0.45/dmt lower from last Friday at $64.05/dmt CFR Qingdao.
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Chinese prices of imported iron ore diverged on June 1, with Mysteel's 62% Iron Ore Fines Index up $0.2/dmt on day to $64.5/dmt CFR Qingdao, but Mysteel's 62% Portside Iron Ore Fines Index slipping Yuan 2/wmt ($0.3/wmt) lower on day to Yuan 459/wmt FOT Qingdao and including the 16% VAT.
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Prices of imported iron ore rose on May 31, influenced by stronger sentiment in China's finished steel market, with Mysteel's 62% Portside Iron Ore Fines Index gaining Yuan 3/wmt ($0.47/wmt) on day to Yuan 461/wmt FOT Qingdao and including 16% VAT Thursday, and the 62% Seaborne Iron Ore Fines Index up too by $0.6/dmt on day to $64.3/dmt CFR Qingdao.
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China’s market for imported iron ore lost strength on May 30, with Mysteel’s 62% Portside Iron Ore Fines Index dipping Yuan 4/wmt on day to Yuan 458/wmt FOT Qingdao including the 16% VAT as of Wednesday.
Traders in North China’s Hebei province lifted their offer prices by Yuan 5-10/wmt after witnessing
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China's iron ore market recovered a little on May 29, with Mysteel's 62% Portside Iron Ore Fines Index up by Yuan 6/wmt ($0.9/wmt) on day to Yuan 462/wmt FOT Qingdao and including the 16% VAT, and Mysteel's 62% Iron Ore Fines Index at $63.9/dmt CFR Qingdao, some $0.7/dmt higher than the previous day.
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Prices of imported iron ore in China were almost unchanged on May 28, with Mysteel's 62% Portside Iron Ore Fines Index down by Yuan 1/wmt ($0.16/wmt) on day to Yuan 456/wmt FOT Qingdao and including the 16% VAT, and Mysteel's 62% Iron Ore Fines Index being $0.4/dmt lower from last Friday at $63.2/dmt CFR Qingdao.
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China's market for imported iron ore ran out of steam Friday, with Mysteel 62% Portside Iron Ore Fines Index staying at Yuan 457/wmt ($71.5/wmt) FOT Qingdao including 16% VAT, and the 62% Seaborne Iron Ore Fines Index softening $0.65/dmt on day to $63.6/dmt CFR Qingdao Friday.
