Iron Ore Price Index, Iron Ore Price Rise May Be Unsustainable Steel Mills S P Global Platts

Johnnie Hanson

18 Sept, 2021

Feb 2021 - Jul 2021. SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices iron ore market analyses and news as it closely follows the main iron ore markets such as Australia Brazil and China.

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Iron ore price index. The company is also a key user of Metal Bulletins 62 Fe Iron Ore Index MBIOI-62 for its mid-grade products. 1 Year change 555. 1 day agoThe iron ore price fell on Thursday after China reported a drop in the countrys steel production in August.

Todays Change -174 -128. 50340 3073 Line Chart. Iron ore blast furnace pellet 64 Fe 3 Al cfr Qingdao.

All our ferrous contracts are underpinned by leading and carefully selected index providers and are tradable on LMEselect. MMi Daily Iron Ore Index Report September 15 2021. The price of steel has climbed all year.

DCE iron ore futures market continued dropping tendency and I2201 recorded new low since from last May to 6825yuanmt. View the futures and commodity market news futures pricing and futures trading. According to Fastmarkets MB benchmark 62 Fe fines imported into Northern China were.

The assessment is based on a standard specification of iron ore fines with 62 iron 225 alumina 4 silica and 009 phosphorus among other gangue elements. Iron Ore Price. Iron Ore 62 fe decreased 3168 USDMT or 2033 since the beginning of 2021 according to trading on a contract for difference CFD that tracks the benchmark market for this commodity.

TIOV21 A complete Iron Ore 62 Fe CFR China TSI Futures Oct 2021 futures overview by MarketWatch. The physical port stock prices plummeted further and PBF in Shandong market was closed at 880yuanmt with price drop of 20- 30yuanmt. Get all information on the Price of Iron Ore including News Charts and Realtime Quotes.

17 2021 905 am ET. The LME cash-settled ferrous contracts were designed in close consultation with the steel community to meet their risk-management needs. Industrial production in China increased only 53 year-on-year in August of 2021 the least since July 2020.

In Tangshan market PBF was closed at. According to one index the futures price for one ton of hot-rolled coil steel is roughly 1923 up from 615 last September. Global economic growth is the primary factor that drives its supply and demand.

Iron Ore 62 Fe CFR China TSI Swa. SGX TSI Iron Ore 62 futures price quote with latest real-time prices charts financials latest news technical analysis and opinions. China 62 Fe beginning December 2008.

Platts Iron Ore Index or IODEX IODBZ00 is a benchmark assessment of the spot price of physical iron ore. Mining stocks came under renewed pressure on Friday as iron-ore prices continued to slump amid Chinas push to restrict steel. Iron ore has been already under pressure since hitting a record high of.

Iron Ore Monthly Price - US Dollars per Dry Metric Ton. Iron Ore Fe is mined in around 50 countries worldwide and used to make steel buildings cars white goods etc. 6m 1y 5y 10y 15y 20y 25y 30y.

Iron Ore Prices News and Analysis. Spot prices of iron ore with 635 iron content for delivery to Tianjin fell to below 120 a tonne in mid-September the lowest level since last November after data from China added to signs of slowing demand. Iron ore any origin fines spot price cfr.

The days of the annual mating season - when steelmakers and major iron ore miners would play brinkmanship over who would give way first over setting an annual iron ore price - are long over. Add chart to workspace. Feb-2021 Mar-2021 Apr-2021 May-2021 Jun-2021 Jul-2021 15561 16256 16952 17647 18343 19038 19733 20429 21124 2182 22515 US Dollars per Dry Metric Ton.

Save to my charts. Iron Ore Monthly Price - US Dollars per Dry Metric Ton. On this site you get the real-time price of Iron Ore in US-Dollar.

52 week range 16444 -. Live Iron Ore price in USD. Meanwhile the price of iron orethe most important ingredient of the steel businesshas sunk more than 40 since the middle of July.

Add price to workspace. When economies are growing the need for steel in construction increases which drives the price up. Historically Iron Ore 62 FE reached an all time high of 21977 in July of 2021.

Iron ore any origin fines.

Iron Ore Prices Hit Over Six Year High On Tight Supply