China import iron ore prices up, trading lively

 Chinese iron ore prices for port inventories and seaborne cargoes grew on November 6, portside iron ore index finally rising after a seven-day decline to reach Yuan 662/wmt ($94.62/wmt) FOT Qingdao including 13% VAT, up Yuan 2/wmt on day. Also on Wednesday, the seaborne iron ore index gained another $0.15/dmt on day to reach $83.25/dmt.