Chinese steel mills were cautious about buying domestic iron ore concentrates over June 29-July 3, as prices of imported iron ore ebbed during the period, according to Mysteel’s weekly survey. Thus, domestic miners in some regions cut their offer prices by Yuan 10-30/tonne ($1.4-4.3/t) from June 28 in their attempt to boost sales, the survey showed.
Source : https://www.mysteel.net/article