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15/07/2020· Iron-ore prices have surged to around $110 per ton — levels last seen August 2019. The steel making commodity has gained 17% year to date, stoked by
Get PriceMeanwhile, China consumes 69.1 per cent of all global iron ore exports, more than double the rest of the world combined. While China may like nothing more than to be able to use Australia's
Get PriceIron ore prices scaled multi-year peaks this week as mills and traders ramped up purchases, expecting China's economic stimulus to keep demand strong, particularly for construction material rebar.
Get PriceChina Steel Corp (), Taiwan's largest steelmaker, yesterday said that it would raise steel prices by an average of 3.36 percent for domestic delivery in response to an uptrend in global steel and iron ore prices — the biggest price hikes in about two years. China has returned to business, boosting demand for steel, while Brazil, the prime producer of iron ore, remains hard-hit by the
Get Price29/06/2020· China has long sought to diversify its sources of iron ore -- more than 60% of imports come from Australia and about 20% comes from Brazil -- to rein in supply risks and price volatility. That
Get PriceBenchmark 62% iron ore's spot price in top steel producer China jumped to a 13-month high of $121.50 a tonne on Monday, SteelHome consultancy data showed. SH-CCN-IRNOR62 SH-CCN-IRNOR62 FUNDAMENTALS
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Iron ore prices scaled multi-year peaks this week as mills and traders ramped up purchases, expecting China's economic stimulus to keep demand strong, particularly for construction material rebar.
Get Price29/07/2020· China's purchases of iron ore from India rocketed to an eight-year high in the first half of 2020, fueled by supply shocks at major producers and record steel output at the world's largest
Get PriceBenchmark spot 62% iron ore for delivery to north China MT-IO-QIN62=ARG, as assessed by commodity price reporting agency Argus, also retreated a touch, ending at $119.35 a
Get PriceIron ore prices refer to Iron Ore Fine China Import 63.5 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa.
Get Price25/06/2020· This is likely to support iron ore prices while shortages from Brazil persist. Brazil factor . Last year China imported 1.07 billion mt of iron ore, some 60% of which came from Australia and about 20% from Brazil. Seaborne iron ore supply in the January-March quarter is usually affected by seasonal bad weather in the two iron ore producing countries. Iron ore shipments then catch up in the
Get PriceIron ore 62% Fe IODEX fines have ranged in a $80-90/dry mt CFR China band so far this month, and Vale's 65% Fe IOCJ fines saw spot trade at $106/dmt CFR on Monday. The Platts 62%-65% Fe spread widened in the past month and was at $17.60/dmt on Tuesday, up from April's average of $15.47/dmt.
Get PriceThe industry standard when discussing iron ore is 62% Fe CFR China which is used by all except IRESS. IRESS (used by many stockbrokers) tracks 61.5% Fe CFR Australia under the ticker "ironore.id". CFR Stands for "cost and freight" and is when the seller must cover the cost of transporting the ore to a destination. I.e. "CFR China" means the purchase price includes delivery to a
Get PriceIl y a 15 heures· Spot iron ore prices rose to around $130 a dry metric ton on Tuesday, according to commodity price reporting agency Argus. This is the highest level since 2014. In July, China
Get PriceIron ore futures surge on China steel demand, spot price at 13-month high Dalian iron ore closes 3.5% higher, SGX iron ore up for the third session while spot iron ore extends gains above $120/t
Get PriceYou are here: China Iron Ore Spot Price Index (CSI)
Get PriceIl y a 2 jours· Benchmark 62% iron ore's spot price in top steel producer China jumped to a 13-month high of $121.50 a tonne on Monday, SteelHome consultancy data showed. FUNDAMENTALS
Get PriceChina's iron ore imports jumped 24% in July compared to a year earlier, totalling 112.7m tonnes, a new monthly record. For the first seven months of 2020 shipments reached 659.6m tonnes, up 11.8
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