DAILY: China's Iron Ore Prices Broadly Stable on Thursday Benchmark 62% iron ore spot price stayed at $120.29 a tonne on Thursday, based on SteelHome consultancy data SteelHome China Iron Ore Price Index (SHCNOI). According to SteelHome survey, traders were active in iron ore sales. For mills, only some with rigid demand purchased iron ore today. The most traded products today were medium and low Fe grade Australian fines. Currently, in Tangshan, the supply of tradable iron ore decreased on the spot markets, due largely to the increased shipments out of ports lately. SteelHome considers that Chinaâ??s iron ore prices may observe rangebound movements in the short run. Other Info: Price Aggregates of Imported Ore at China Main Ports on Oct 22, 2020 Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.