September 07, 2008

Daily spot price briefing of iron ore imports in China

It is reported that spot price of imported iron ore shows mixed trend with price firms up in South China but weakens in North China.

Fe 63.5% Indian ore fine goes at CNY 1500 per tonne and Fe 58% and 62.5% Indian ore fine is offered at CNY 1050 per tonne and CNY 1300 per tonne respectively.

Import price for Fe 58% to 59% and Fe 63.5% Indian ore fine goes at USD 145 per tonne and USD 183 per tonne CIF respectively.