Chinese domestic oreprices follow imports lower

摘要

China’s domestic iron oreconcentrate prices slid by Yuan 10/dry mt($1.60/dmt) over the week after persistingat Yuan 630-640/dmt for the previous fiveweeks, as some miners succumbed to thedownward pressure from imported material,sources said Friday.Platts assessment of domestic 66% Feore concentrate delivered to mills inTangshan city, in north China’s Hebei province,dropped to Yuan Yuan 620-630/dmtas of February 6, against Yuan 630-640/dmt as of January 30, both on cash termsand including 17% VAT.