Market prices of mainstream imported iron ore at Jingtang Port have declined.

On July 1, the mainstream varieties of imported iron ore at Jingtang Port (9:15) saw prices drop by 8 for most, with individual varieties falling by 13. Early morning trader quotes were scarce, and steel mills were cautious in inquiries, mainly purchasing on demand. Currently, 60.8% PB powder is at 708, down 8; Newman lump is at 900, down 8; Carajas fines are at 841, down 8; 61.5% NTH powder is at 687, down 8. (Compared to the previous working day evening price; unit: yuan/wet ton) (Mysteel)
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