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.

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.