Xinhua-China Iron Ore Price Index moves up

Wednesday, 17 October 2012 15:55:06 (GMT+3)   |  
According to the Xinhua-China Iron Ore Price Index issued by China's state-owned Xinhua News Agency, on October 15 the price index for 63.5 percent Fe content imported iron ore in China stood at 117 points, up eight points week on week, while the price index for 58 percent Fe content imported iron ore was at 99 points, up nine points week on week.
 
As of October 15, inventory of iron ore at Chinese ports totaled 100.6 million mt, down 1.04 million mt on week-on-week basis.

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