Chinese iron ore price index increases on May 12
According to the data from China Iron and Steel Association (CISA), China Iron Ore Price Index (CIOPI) was 320.00 points on May 12th, which was up by 1.04% or 3.28 points compared with the previous CIOPI on May 11th.
Among them, the domestic iron ore price index was 312.18 points, falling by 0.04% and 0.11 points compared to the previous price index; the import iron ore price index was 321.47 points, increasing by 1.24% or 3.92 points from the previous one.
