According to the data from China Iron and Steel Association (CISA), China Iron Ore Price Index (CIOPI) was 451.63 points on January 17, which was down by 0.63% or 2.89 points compared with the previous CIOPI on January 14.

The domestic iron ore price index was 409.66 points, hiking by 0.49% or 1.98 points compared to the previous price index; the import iron ore price index was 459.56 points, decreasing by 0.82% or 3.81 points from the previous one.