Iron ore prices in China
In
China, ex-factory price of Tangshan origin damp base 66 percent concentrate
iron ore is at RMB 490/mt ($61), the ex-factory price of Beipiao origin same product is at RMB 380/mt ($47) today. The prices have remained unchanged from the previous week. Imported
iron ore prices were at the following levels:
Tianjin Port
Product Iron Content Origin Price/mt Change
(RMB) (US$) (RMB)
Fine ore 64% India 640 79 -5
Fine ore 63.5% India 615 76 -10
Fine ore 62% India 570 71 -10
Qingdao Port
Product Iron Content Origin Price/mt Change
(RMB) (US$) (RMB)
Iron Concentrate 63.5% India 610 76 -10
Carajas fine ore 67% Brazil 720 89 -10
Robe River
lump ore 62% Australia 540 67
Beilun Port
Product Iron Content Origin Price/mt Change
(RMB) (US$) (RMB)
Hamersley
fine ore 63/64% Australia 620 77 -10
Yandi fine ore 58/59% Australia 520 64 -5
Newman lump ore 64% Australia 650 81 -20 The above mentioned imported
iron ore prices are the deal prices. They contain CFR price plus seller's profit and the cost of loading goods to the truck. 13% VAT is excluded from all prices. The water content of damp base domestic iron concentrate is approximately 10 percent.