Iron ore prices were at the following levels in
China yesterday:
Ex-factory prices of domestic producers
Product Iron Content Origin Price/mt
(RMB) (US$)
Iron
concentrate 66%(damp base) Tangshan 470 58
Iron
concentrate 66%(damp base) Beipiao 370 46
Imported iron ore prices at Tianjin Port
Product Iron Content Origin Price/mt
(RMB) (US$)
Fine ore 64% India 660 82
Fine ore 63.5% India 630 78
Fine ore 62% India 590 73
Imported iron ore prices at Qingdao Port
Product Iron Content Origin Price/mt
(RMB) (US$)
Iron Concentrate 63.5% India 660 82
CVRD pellet 65% Brazil 630 78
Robe River
lump ore 62% Australia 590 73
Imported iron ore prices at Beilun Port
Product Iron Content Origin Price/mt
(RMB) (US$)
Hamersley
fine ore 63/64% Australia 630 78
Yandi fine ore 58/59% Australia 530 66
The above mentioned imported
iron ore prices are the deal prices. They contain CFR price plus seller's profit, the cost of loading goods to the truck. 13% VAT is excluded.
The water content of damp base domestic iron concentrate is approximately 10 percent.