Iron Ore Price Reach All Time HighChinas prices for imported iron ore continued to increase on August 3, with Mysteels PORTDEX 62% Fe Australian Fines gaining another Yuan 19/wmt ($2.7/wmt) from last Friday to reach Yuan 891/wmt FOT Qingdao and including the 13% VAT, refreshing its one year high. On the same day, the SEADEX 62% Fe Australian Fines price increased by $5.7/dmt on day to $116.35/dmt CFR Qingdao, also a new high since July 31, 2019. On Monday, iron ore traders were relatively active in selling port inventories and many lifted their offering prices for different products by Yuan 10-15/wmt in the morning amid the stronger market for iron ore futures. And in the afternoon, some traders raised their offering prices by another Yuan 5/wmt after watching iron ore futures. https://www.mysteel.net/article/5017538-0501/DAILY--Chinese-iron-ore-prices-record-new-one-year-highs.html