Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
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Imported iron ore price index on 5th June on Chinese steel market

Jun. 06, 2018

On June 5, the 62% grade dry ore fines for direct import of iron ore were landed at US$64.30/tonne (ie, US$1.0371/tonne), an increase of US$0.67 per ton, or an increase of 1.05%. The average price for the month was $64.00/ton.


On June 5, the RMB tax-inclusive price of 62% grade dry ore fines of iron ore imported from the spot trade was 499.37 yuan per ton, an increase of 4.74 yuan per ton or an increase of 0.96%, and the average price of the month was 497.23 yuan per ton.


On 5th June, the CIF price of direct imported iron ore 58% grade dry-base ore fines was US$52.10/tonne (that is, US$0.8983/ton-ton), which was US$0.63/ton higher than the previous cycle, an increase of 1.22%; the average price for the month was 51.84 US dollars / ton.


On June 5, the tax-inclusive price of RMB 58.77/ton for 58% grade iron ore imported from the spot trade was RMB 3.85 per ton, an increase of 0.95%, and the average price for the month was RMB 409.28 per ton.


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