News and Events

It is reported that prices of Chinese domestic production iron ore started to increase in late June (during June 21st through June 30th) to an average of RMB 948.52/ton, up by RMB 18.39/ton compared to the previous month. Meanwhile, import iron ore prices decreased from already high level to RMB 993.84/ton CIF in average, sliding by RMB 93.59/ton compared to the same period of time. It is the first rise after nine consecutive weeks of downward price movement for domestic production iron ore prices.