China’s iron ore price index decreases on May 14

According to the data from China Iron and Steel Association (CISA), China Iron Ore Price Index (CIOPI) was 739.34 points on May

14, which was down by 4.13% or 31.86 points compared with the previous CIOPI on May 13.

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The domestic iron ore price index was 596.28 points, rising by 2.46% or 14.32 points compared to the previous price index; the

import iron ore price index was 766.38 points, decreasing by 5.03% or 40.59 points from the previous one.