- Mon - Sun: 24/7 online service for you

Rising winter production curbs in China and declining demand have pulled down prices. The spot price of benchmark iron ore Fe 62% fines decreased by $4.35/t, w-o-w, on 28 Oct'21 to $113.15/t CFR China as against $117.5/t a week ago. DCE iron ore futures' Jan'22 contract closed at RMB 683.5/t ($107) (-RMB 23.5), d-o-d.
WhatsApp:+8617329420102
• Metallurgical test work confirming Direct Shipping Ore Grade product • High Grade Direct Shipping Ore Pilbara Fines product confirmed at a grade 62.7% Fe from the initial bulk sample from Ridge C Resource • Very low impurities consistent with excellent quality product including silica content (SiO 2) < 4.1%, Aluminium content (Al 2 O 3)
WhatsApp:+8617329420102
Iron Ore | Today's Spot Price & Charts - Market Index Iron Ore Commodity · USD/t 99.26 Iron Ore isn't traded like most commodities. Please read the FAQs below. Market Index tracks the industry standard NYMEX traded 62% Fe, CFR China in $US/metric tonne. Overview News NEW Iron Ore Chart About the Price
WhatsApp:+8617329420102
There are four main types of iron ore deposit: massive hematite, which is the most commonly mined, magnetite, titanomagnetite, and pisolitic ironstone. These ores vary in colour from dark grey, bright yellow, or deep purple to rusty red. Iron is responsible for the red colour in many of our rocks and the deep red sands of the Australian deserts.
WhatsApp:+8617329420102
The Chinese import price of 62% Fe content ore jumped 5% on Wednesday to trade at $82.53 per dry metric tonne, according to data supplied by Fastmarkets . The price of the steelmaking raw...
WhatsApp:+8617329420102
The price data represents monthly prices of Chinese imported iron ore fines (62% Fe spot CFR Tianjin port) presented in US$ per metric ton (retrieved from International Monetary Fund (IMF), 2017-09-18). The price series thus represents import prices where the cost of transportation is included.
WhatsApp:+8617329420102
The weaker futures could weigh on spot iron ore prices which have rebounded since hitting a 21-month low last week. Benchmark 62-percent grade ore for immediate delivery to China .IO62-CNI=SI climbed 1.4 percent to $93.40 a tonne on Monday, according to data provider Steel Index.
WhatsApp:+8617329420102
The spot price of iron ore rose $US7.81 or 4.2 per cent to $US189.61 a tonne on Tuesday, according to Fastmarkets . S & P Global Platts said its 62 per cent Fe Iron Ore Index rose $US6.55 or 3.6...
WhatsApp:+8617329420102
The spot price of iron ore plunged again on Thursday for a weekly loss of just under 15% and deeper into uncharted territory as negative sentiment swamps the industry. ... The 62% Fe import price ...
WhatsApp:+8617329420102
Based on the number of transparent transactions seen in the spot market, Metal Bulletin has decided to start publishing the differential that 62% Fe Pilbara Blend fines achieves on a spot basis relative to the MBIOI-62. Metal Bulletin will also seek to replicate this for other more liquid spot market products.
WhatsApp:+8617329420102
Volatility in the iron ore price continued on Tuesday as traders digested the latest news out of China. On the Dalian Commodities Exchange iron ore futures climbed 6%, while the import spot price...
WhatsApp:+8617329420102
Iron ore is the key input of refined iron and steel products. Prices fell to a low in 2015 as steel demand in China weakened. 4. Iron ore dropped to a 2020 low of $82.90 due to the COVID-19 ...
WhatsApp:+8617329420102
Iron Ore Port Stock Index Products Avg Change Unit 62.5% Fe Lump (Qingdao Port): IOPLI62 Aug.25 890 ~ 890 890 -- RMB/mt 129.36 ~ 129.36 129.36 -- USD/mt 62.5% Fe Lump (Qingdao Port, CFR equiv) Aug.25 116.13 ~ 116.13 116.13 -1.12 USD/dmt 799 ~ 799 799 -7.71 RMB/dmt 65% Fe Fines (Qingdao Port, CFR Equiv.) Aug.28 122.47 ~ 122.47 122.47 -0.06 USD/dmt
WhatsApp:+8617329420102
The Houston Project is an open pit direct shipping iron ore project located near the town of Schefferville, on which an updated, independent Preliminary Economic Assessment was completed in ...
WhatsApp:+8617329420102
Apr 19, 2015Australia's Atlas Iron has already announced it suspended all mining operations, it noted. Price slump Iron-ore prices are down more than 50 percent over the past year, with the April contract...
WhatsApp:+8617329420102
Hong Kong Exchanges and Clearing Limited (HKEX) will introduce its cash-settled TSI Iron Ore Fines 62 per cent Fe CFR China Futures (Iron Ore Futures), its first ferrous metal product, on Monday, 13 November 2017.
WhatsApp:+8617329420102
4 days agoChina Weekly Inventory Summary and Data Wrap (Sep 16) MMi Daily Iron Ore Report (September 16rd) Nickel ore Inventories at Chinese Ports up 426,000 wmt on Week SMM Evening Comments (Sep 16): Shanghai Nonferrous Metals Closed Mostly with Losses as Investors Pricing in Rate Hike Expectations Social Inventories of Silicon Metal Increased This Week and May Further Increase Next Week
WhatsApp:+8617329420102
65% Fe index ores are expected to obtain a 15-30% premium per Fe unit over the 62% Fe benchmark prices, The quality premium over and above the 65% Fe index ores has been reduced to approximately 5%,
WhatsApp:+8617329420102
Iron ore 62% Fe CFR spot price (modified from Seeking Alpha and Barchart) The China factor China is the elephant in the room when it comes to the iron ore market.
WhatsApp:+8617329420102
BHP raised the May monthly discounts for Jimblebar Fines and Yandi Fines while maintaining the price level for MAC Fines compared with the 62% Fe indexes, contract customers told S&P Global Platts.
WhatsApp:+8617329420102
Hong Kong Exchanges and Clearing Limited's (HKEX) first ferrous metal product, cash-settled TSI Iron Ore Fines 62% FE CFR China Futures (Iron Ore Futures) started trading today, with total volume of 1,022 contracts, equivalent to 102,200 tonnes of iron ore, during the day trading session.
WhatsApp:+8617329420102
Cargoes of 62 per cent Fe grade iron ore for delivery to China are trading at $US182 per tonne ($233.55/tonne) this week, according to Metal Bulletin. The spot price for seaborne cargoes of iron ore has risen 355 per cent from its 2016 low point of $US40 per tonne and is trading at its highest since September 2011.
WhatsApp:+8617329420102
While the price for 62% Fe is about $180, firms that produce iron concentrate products above 62% will enjoy a premium to the MBOI and IODEX benchmark. Below are two charts from Ocean Equities that...
WhatsApp:+8617329420102
The grade and impurity discount between the benchmark 62 per cent iron ore Fe and grades sub-60 per cent has widened over 2014. "Right now, we would understand if you're selling some spot tonnes ...
WhatsApp:+8617329420102
1 China spot price in nominal US dollars, cost and freight (CFR). 2 China steel product price index (2010-11 = 100.0). 3 Annual average. ... Western Australia's iron ore production had an average iron content of 62% in 2020, in line with the world average of 62%.2 ... Iron ore royalties in Western Australia rose 26% to $9.8 billion in 2020-21 ...
WhatsApp:+8617329420102
The calculation of fixed-price equivalents for index-linked cargoes in the spot market will reflect the premium or discount quoted to the forward price of the underlying index, referencing the average traded forward prices on the SGX one hour prior to the spot transaction time (up to a final window of 4-5pm for each day). ... Iron ore 62% Fe ...
WhatsApp:+8617329420102
WEEKLY: Better sentiment lifts China's iron ore prices. Top News. NBS: China Jan-Aug crude steel output falls 6% YoY. Chinese crude steel output continued its on-year decrease during the first eight months of this year, with the total falling to 69... Sep 16, 2022. NBS: China's Jan-Aug FAI up 5.8%, but property down 7.4%
WhatsApp:+8617329420102
GRZ22 : 1,714.5 (-0.17%) 13th September, 2022: Scrap Gold, Silver and Platinum Prices Soared on Index Scrap Monster - 1 hour ago. In the Non-Hallmarked category, the 14 carat gold scrap prices went higher by $ 6.98 per Oz. 13th September, 2022-North American Copper Scrap Prices Dipped on Index Scrap Monster - Wed Sep 14, 1:45AM CDT.
WhatsApp:+8617329420102
The Australians bullish stance is largely as a result of the strong spot price which has been up to US$135/metric ton for 62% Fe fines, but the benchmark negotiations frequently drag on for months ...
WhatsApp:+8617329420102
Iron ore freight rates are shown on a wet basis in $/t, reflecting Capesize vessel rates. Contract prices are based on the average spot price for the quarter in which the ore is delivered. This means that a contract settled in February will be based on an agreed price which reflects the full calendar quarter (January to March).
WhatsApp:+8617329420102
We re-iterate our view that spot prices will eventually revert towards the marginal cost of production for domestic iron ore miners in China, estimated at $110-120/t on a 62% Fe basis. "There was further evidence that domestic iron ore miners were coming back, based on conversations with manufacturers of iron ore concentrators.
WhatsApp:+8617329420102
4 days agoBrand Data Differentials Iron Ore Finished Steel Coke Coking Coal Pig Iron. New Energy. New Energy. Lithium Cobalt Ternary Precursor and Material Chemical Compound Lithium-ion Battery Used Lithium-ion Battery. ... 65% Fe Fines (CFR Qingdao Port): IOSI65 price historical Data. Historical price data is only for members, please.
WhatsApp:+8617329420102
Roper Bar is an open-cut iron ore mine located 55km southeast of Ngukurr in the Roper Group of the McArthur Basin. The mine operated briefly in 2013-15 before closing due to a low iron ore price. Current owners Nathan River Resources Pty Ltd (a subsidiary of British Marine Ltd) . Projects, McArthur Basin, Aileron Province, Pine Creek Orogen,
WhatsApp:+8617329420102
Iron ore being unloaded at docks in Toledo, Ohio. Iron ores [1] are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite ( Fe 3O 4, 72.4% Fe), hematite ( Fe
WhatsApp:+8617329420102
The Platts Iron Ore Index, or IODEX, is a benchmark assessment of the spot price of physical iron ore. The assessment is based on a standard specification of iron ore fines with 62% iron, 2.25% alumina, 4% silica and 0.09% phosphorus, among other gangue elements. Learn more
WhatsApp:+8617329420102
Seaborne iron ore prices continued to be routed on Friday. Futures prices fell sharply and spot prices followed as confidence ebbed from China's steel markets. The Kallanish KORE 62% Fe index fell another $5.31/t on Friday and $17.70/t over the week to $124.15/dry metric tonne cfr Qingdao, the lowest since 4 January.
WhatsApp:+8617329420102
Vale production cuts could have "outsized" impact in shorter term with spot prices predicted to return to $100-plus per tonne in summer. ... The Chinese import price of 62% Fe content ore jumped 5 ...
WhatsApp:+8617329420102
Effective Sunday, March 6 (trade date Monday, March 7), the Iron Ore 62% Fe, CFR China (TSI) futures and options will be renamed to Iron Ore 62% Fe, CFR China (Platts) futures and options. Renaming Iron Ore 62% Fe, CFR China Futures and Option. Current Product Name. New Product Name. iLink: tag 1151-Security Group. MDP 3.0: tag 6937-Asset.
WhatsApp:+8617329420102
These iron ores have been mined to produce almost every iron and steel object that we use today - from paper clips to automobiles to the steel beams in skyscrapers. Banded Iron Formation: Close-up view of a banded iron formation. In this specimen bands of hematite (silver) alternate with bands of jasper (red).
WhatsApp:+8617329420102
"The spot price for 62% Fe iron ore fines (FOB) for calendar 2022 is now forecast to average US$115 per tonne in 2022. "Over the rest of the outlook period to 2024, iron ore prices are ...
WhatsApp:+8617329420102