DAILY: China's imported iron ore prices, sales both dip

ABSTRACT
Prices of imported iron ore for both port stocks and seaborne cargoes across China slipped on February 24, while trading activities in both markets also cooled on day.

On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao fell by a tiny Yuan 3/wmt ($0.4/wmt) from Thursday to Yuan 922/wmt FOT and including the 13% VAT. On the same day, Mysteel SEADEX 62% Australian Fines settled lower at $126.6/dmt CFR Qingdao after edging down by $3.1/dmt from the