Xinhua-China Iron Ore Price Indexes dip

BEIJING, Sept. 24 (Xinhua) -- The Xinhua-China Iron Ore Price Indexes for the period from Sept. 17 to 23 fell on Tuesday, with the price index for imported iron ore containing 62 percent iron standing at 93 points, down 4 points from the previous week.

The price index for imported iron ore with 58 percent iron content dropped 5 points to 80 points during the same period.

The iron ore inventory at China's major ports came in at about 102.7 million tons as of Sept. 23, up 2.28 million tons or 2.27 percent from that recorded for the period from Sept. 10 to 16.

Compiled by the China Economic Information Service, the indexes aim to reflect the overall trends of iron ore prices and trade in the Chinese market.(Editor: Yan)

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