Domestic iron ore prices in local Chinese market
Product | Spec. | Place of Origin | Market price excluding tax (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
Domestic iron ore concentrate | damp base (iron content: 66%) | Tangshan | 450 | 69 | 0 |
damp base (iron content: 66%) | Beipiao | 380 | 59 | 0 |
17 percent VAT is excluded in all prices and all prices are ex-warehouse.
Imported iron ore prices in local Chinese market
Product Name | Name of Port | Iron Content % | Place of origin | Truck loaded price (RMB/mt) | Price($/mt) | Weekly Change (RMB/mt) |
PB iron ore lump | Qingdao | 63/63.5 | Australia | 585-595 | 90-92 | 0 |
Brazil fines | 63,5 | Brazil | 455-465 | 70-72 | 0 | |
Yandi fines | 58 / 59 | Australia | 415-425 | 64-66 | 0 | |
PB Fines | 62 | Australia | 575-585 | 89-90 | 0 | |
PB iron ore lump | 61.5 | Australia | 455-465 | 70-72 | 0 | |
Indian fine ore | 63.5 | India | 465-475 | 72-73 | 0 | |
Indian fine ore | 63 | India | 455-465 | 70-72 | 0 | |
Indian fine ore | 62 | India | 445-455 | 69-70 | 0 | |
Indian fine ore | 61 | India | 435-445 | 67-69 | 0 | |
Indian fine ore | 59 | India | 405-415 | 63-64 | 0 |