Imported iron ore at Qingdao Port

Imported iron ore at Qingdao Port

Recent deal prices of imported iron ore at China’s Qingdao Port are below. Prices are loaded truck basis and are in terms of wet tons.

Product                 Origin              Price/mt      Weekly Change    
                                         RMB        US$        RMB
 
63.5% concentrate       India            630       ($78)       -10
67% Carajas fine        Brazil           795       ($98)
56.5% Robe River fine   Australia        495       ($61)

RMB 8.08 = $1