Imported iron ore prices increase in local Chinese market

Thursday, 29 July 2010 13:31:03 (GMT+3)   |  
 

Name of Port

Product Name

Iron Content %

Place of Origin

Truck loaded price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Tianjin

fine ore

64

India

1,150

170

+70

fine ore

63.5

India

1,120

165

+70

fine ore

62

India

1,030

152

+60

Qingdao

Fine ore

63.5

India

1,110

164

+70

Yandi fine ore

58/59

Australia

980

145

+80

Robe River fine ore

56.5

Australia

860

127

+70

Beilun

Newman fine ore

62/63

Australia

1,110

164

+50

South Africa Kumba iron ore

66

South Africa

1,170

173

+40

Carsjas fine ore

67

Brazil

1,190

176

+40

The prices are deal prices in local market.

13 percent VAT is included in all prices.

$1 = RMB 6.78


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