Source: Mysteel

China's imported iron ore prices rose for both portside stocks and seaborne cargoes on October 13, while trading recovered in the two markets.

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao stood at Yuan 799/wmt ($112/wmt) FOT and including the 13% VAT, higher by Yuan 6/wmt from Saturday, October 11 – a substitute working day for the October 1-8 National Day holiday. Similarly, Mysteel SEADEX 62% Australian Fines climbed by $1.2/dmt