Update on iron ore import prices in China

June 17, 2008

June 17th (Steel Guru) – It is reported that spot market of imported iron ore fine keeps stable temporarily with transactions riding the fence.

Fe63.5% at CNY 1420 per tonne to CNY 1440 per tonne
Fe62.5% at CNY 1340 per tonne to CNY 1360 per tonne
Fe61% at CNY 1200 per tonne to CNY 1230 per tonne
Fe60% at CNY 1100 per tonne to CNY 1130 per tonne
Fe59% at CNY 1040 per tonne to CNY 1070 per tonne
Fe58% at CNY 980 per tonne to CNY 1010 per tonne

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