According to the figures released by
China Iron and Steel Association (CISA), at the end of September this year
China’s
iron ore price index compiled by the CISA stood at 364.56 points, down 25.11 points or 6.42 percent compared to the end of August this year. In particular, the Chinese domestic
iron ore price index was at 325.52 points at the end of September, down 14.15 points or 4.17 percent month on month, while, the import
iron ore price index was at 385.86 points, declining by 30.94 points or 7.42 percent on month-on-month basis.