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Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin remained near $220 per tonne at the beginning of July, close to a record high of $232 reached on May 12th on declining stockpiles and concerns over supply. The stockpiles of imported iron ore at Chinese ports declined for four consecutive weeks to 123.95 Mt as of Jun 25, 2021, the lowest level in eight months.
May 04, 2021 Scrap and iron ore tracked relatively closely in 2020, before the link between the two key steelmaking raw materials broke down this year, with scrap falling to the lowest price ratio to iron ore since August 2020. The outright S&P Global Platts Turkey import HMS 1/2 (80:20) scrap to the China import iron ore 62% Fe fines IODEX price ratio fell
May 21, 2021 As of May 21, iron ore inventories across 35 ports tracked by SMM totalled 118.52 million mt, a decrease of 800,000 mt from the previous week, but …
Jun 30, 2021 As of June 11, iron ore inventories across 35 ports tracked by SMM totaled 116.11 million mt, a decrease of 2.27 million mt from the previous week, but up 16.76 million mt year-on-year. Daily average deliveries from the 35 ports increased 27,000 …
Mar 30, 2021 The latest Resources and Energy Quarterly of Australia's Office of the Chief Economist, released March 29, said iron ore earnings are on track for a record high of A$136 billion in fiscal 2021, after topping the A$100 billion mark for the first time in fiscal 2020. Iron ore will contribute to a forecast overall resource and energy export
May 05, 2021 Scrap and iron ore tracked relatively closely in 2020, before the link between the two key steelmaking raw materials broke down this year, with scrap falling to the lowest price ratio to iron ore
Jun 30, 2021 The industrial metal ore sold off overnight on reignited fears that Chinese authorities may intervene in markets to cool rising prices. Benchmark 62% iron ore …
Apr 29, 2021 Fortescue on track for record iron ore exports. Fortescue Metals Group is on track to deliver record iron ore export volumes in the same year that prices for the steel-making ingredient surged to
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Jun 16, 2021 WA’s Port Hedland iron ore expansion fast tracked. Iron ore producers that use Port Hedland, the largest iron ore port in Western Australia (WA), have agreed in principle to fund an A$200mn ($140mn) house buy-back scheme to allow an expansion to increase exports. UK-Australian mining firm BHP and Australian producers Fortescue Metals and Roy
Iron ore is on track to achieve record exports in the 2020-21 financial year. The Resources and Energy Quarterly for the June quarter forecasts that export earnings for the 2020-21 financial year will reach a record $310 billion, with the highest-ever shipments of iron ore and a coal bounce-back expected.
Apr 20, 2021 Vale misses but iron ore flood on track. Vale is out with its Q1 production report. Vale’s iron ore fines production totaled 68.0 Mt in 1Q21, 14.2% higher than …
Jul 06, 2021 Spot prices of iron ore with 62% iron content for delivery to China, compiled by SteelHome consultancy, rose by $3.5 to $221 on Monday. Dalian coking coal futures remained unchanged at 1,949 yuan
5 hours ago A total of 104 vessels carrying 15.01 million mt of iron ore arrived at major Chinese ports during September 20-26, SMM estimates. This was up 2.81 million mt from the previous week. The amount of arrivals in Shandong and Tangshan both increased week on week, with arrivals in Shandong rising more than 50%.
Jul 09, 2021 As of July 9, iron ore inventories across 35 ports tracked by SMM totalled 116.75 million mt, up 1.62 million mt from a week ago and 13.85 million mt from a year ago. Daily average deliveries from the 35 ports continued to increase, up 242,000 mt on a weekly basis to 2.63 million mt last week, which have recovered to normal level.
May 06, 2021 Scrap and iron ore tracked relatively closely in 2020, before the link between the two key steelmaking raw materials broke down this Recent News …
Apr 20, 2021 Rio Tinto iron ore on track as Brazil flounders again. Rio Tinto’s flagship iron ore division has made its best start to a year since 2018 despite problems with finding workers in Western
Jul 06, 2021 Spot prices of iron ore with 62% iron content for delivery to China, compiled by SteelHome consultancy, rose by $3.5 to $221 on Monday. Dalian coking coal futures remained unchanged at 1,949 yuan
Jun 30, 2021 The industrial metal ore sold off overnight on reignited fears that Chinese authorities may intervene in markets to cool rising prices. Benchmark 62% iron ore …
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