Abstract：Mysteel's 62% Portside Iron Ore Index edged up Yuan 3/wmt ($0.46/wmt) day on day to Yuan 530/wmt FOT Qingdao including the 17% VAT and the 62% Seaborne Iron Ore Index was also up $0.6/dmt day on day to $73.55/dmt CFR Qingdao as of December 21 with the positive sentiment at the portside market permeated into the seaborne market, both posting an increase in new deals.

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