Overall, global prices trended upwards to an average value of $97.96 per ton in the first 8 months of 2020, a 4% increase from the 2019 annual average of $93.85 per ton and a 40% increase from the 2018 annual average of $69.75 per ton. Based on reported prices for iron ore fines (62% iron content) imported into China (cost and freight
Growth in China (the world's largest consumer of metals) has affected the price of iron ore so much recently that the spot price can almost be considered a proxy for China's economic health. Download the 40yr price history. Performance USD/t Amount Change; 1 Week-7.69 -4.24% 1 Month-42.26 -19.58% 3 Month-41.77 -19.40% 6 Month +17.42
Jun 12, 2021· The spot price of iron ore Fe 62% fines moved higher by $2.95/t day-on-day to $219.95/t, CFR China, on 11 Jun'21 as trading activities remained active ahead of China's Dragon Boat festival on 14 Jun. According to market sources, mainstream fines cargoes saw firm demand. The optimism for low-grade iron ore fines prices weakened as steelmakers continued to prefer mainstream medium- to …
Overview of the Steel and ron Ore arket Overview of the lobal steel and iron ore market Production output trends EIU experts revised downwards the estimates of the 2017 global steel output from 5.5 percent to 3.8 percent in accordance with the full-year statistical data released by …
Jul 13, 2017· Price spreads between high, low-grade iron ore to narrow. The price spreads between high- and low-grade iron ore continued to widen in May on robust demand for high-grade resources. May 29, 2018 19:06 CST. price review & forecast. Inventory pressure to linger despite fewer iron ore …
Jun 12, 2019· Prices of low-grade 58% iron-content ore for delivery to China [SH-CCN-IRNOR58] have already surged 72% so far this year, while 52% ore, which comes mainly from …
Jun 30, 2014· Iron ore has never traded below $100 on a quarterly basis since 2009. So far that floor has held – the Q2 2014 average is $102.70. The outlook for the rest of the year is much murkier however ...
Jun 07, 2018· For example, the daily, weekly and monthly indices are listed because of the varied liquidity displayed by different parts of the market. Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.
Iron Ore 62% Fe, CFR China (TSI) Swa. Actions. Add to watchlist. Price (USD) 216.32. Today's Change -0.540 / -0.25%. Shares traded 0.00. 1 Year change +104.87%. 52 week range 164.44 - 211.80. Data delayed at least 30 minutes, as of Jul 01 2021 14:59 BST.
May 23, 2019· International iron ore prices climbing to over $100 per tonne, the highest in five years, has kindled hopes of revival in exports of lower grade iron ore from India. Exports of iron ore of up to ...
Jan 24, 2020· In 2019, global prices for iron ore averaged $112.15 per ton, an increase of 21% from $93 per ton in 2018. Prices were $88 per ton as of March 2020. Key Takeaways
May 12, 2021· The price difference between high-grade 65% iron ore and 58% ore surged to a record $90.5 per tonne, while between benchmark 62% ore and low-grade the spread stood at $57.5.
Monthly price chart and freely downloadable data for Iron Ore. Price in Indian Rupee per Dry Metric Ton. 60 month history.
ore from an annual to spot market and was the first publisher to begin assessing pricing on a daily basis in June 2008. Since then, Platts has rapidly expanded its offerings for the iron ore market, which now include flat price assessments for 62% Fe and
Mar 02, 2021· Lower metallurgical coke prices have encouraged some Chinese steel mills to increase use of lower-grade iron ore, though rising mill margins have kept demand firm for higher grades. China's metallurgical coke prices fell last week as domestic coke producers accepted a 100 yuan/t ($15.50/t) purchase price drop amid rising inventories.
Aug 09, 2013· Insight Details. Indian Iron Ore Imports Shoot Up by 44% in FY19; Cross 12 MnT. Indian Ferro Chrome prices increased amid improved global market conditions. In China, there is decrease in VAT rates – from 16% to 13% which would have been effective from …
Iron Ore 62% fe increased 17.68 USD/MT or 11.35% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore 62% FE reached an all time high of 219.77 in July of 2021.
Jul 13, 2021· Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes.
Dec 10, 2010· Offer Description - Low Grade Iron Ore from Goa, India ( Fe 48%, Fe 50%, Fe 52%, Fe 54% ) We are in position to supply low grades of iron ore from India on FOR terms to major west coast ports in India. The grades we deal in are. Fe 48%.
Apr 28, 2021· China's steel mills are hiking output, driving up demand for iron ore, amid growing demand for exports and the huge profits to be made as the price of crude steel soars. The profit margin per ton of crude steel is now between USD130 and USD160. The momentum of ore prices will remain strong in the second quarter, Wang said.
Sep 21, 2020· The spread between the 58% Platts iron ore index and the 62% IODEX narrowed to $13.15/dmt on Sept. 18. The spread was lowest since July 1, when it was assessed at $12.75/dmt, following a methodology change in specifications for the 58% index earlier on May 4, 2020. Market sources pointed to current premiums for medium grade fines at high price ...
The price of iron ore hit a record high on Monday in the latest sign of booming commodity markets, which have gone into overdrive in recent weeks as large economies recover from the pandemic. The ...
Jun 22, 2019· As on March 2019, Karnataka had an unsold inventory of close to 5 mt at the e-auctions. This spurred the miners to approach the Supreme Court to reverse its April 2013 order, pronouncing a ban on exports. The alluring prices in seaborne trade coupled with the zero export duty have turned low grade iron ore exports into a viable business.
Sep 22, 2020· Low grade iron ore products continued to see narrowing discounts to medium grade fines amid high price levels for iron ore. The spread between the 58% Platts iron ore …
Sep 08, 2020· DAILY: China's Iron Ore Prices Hit $128 amid Preferable Medium-and-low Fe grade Australian Ores Benchmark 62% iron ore's spot price rose by $0.92 to $128 a tonne on Tuesday, based on SteelHome consultancy data SteelHome China Iron Ore Price Index (SHCNOI).
May 31, 2021· As long as the iron ore price stays at heady heights Fortescue Metals ( ( FMG )) is forgiven for raising its assessment of the capital expenditure costs required at the Iron Bridge development. Fortescue Metals has revised up capital expenditure at Iron Bridge to US$3.3-3.5bn from US$3bn, of which its share is now US$2.5-2.7bn.
Iron Ore Monthly Price - US Dollars per Dry Metric Ton. Description: Iron ore (any origin) fines, spot price, c.f.r. China, 62% Fe beginning December 2008; previously 63.5%. Source: Thomson Reuters Datastream, World Bank.
Jan 08, 2018· For those looking to buy or sell shares in a listed iron ore miner, this table from Macquarie Bank may be of some interest. It shows the current breakeven levels for various iron ore miners, along ...