Home / Iron Ore Daily Prices Rise
Chinas imported iron ore prices for both port inventories and seaborne cargoes continued to climb on May 28 with Mysteels PORTDEX 62 Fe Australian Fines gaining by Yuan 7wmt 1wmt on day to Yuan 742wmt FOT Qingdao and including the 13 VAT. On the same day the SEADEX 62 Fe Australian Fines price also rallied by 1.3dmt on day to reach 96.65dmt CFR Qingdao
2020-6-4In effect the pandemic is the key variable for iron ore prices in H2 in terms of both demand out of China where activity is returning and possible supply constrictions from Brail. Turning to Australia UBS has seen no such COVID-19 complications given the geographic isolation of most mines and the countrys relative success in
1 Iron ore prices are expected to be driven up in the short term on market concerns of less shipments from Brail with port inventories at a three-year low and rising demand from steel mills
Daily Trend NA Weekly Trend Up Monthly Trend Up Support Levels 78.60 64.77 62.99 58.62 Resistance Levels 95.00 111.00. Technical Discussion. Iron Ore prices are continuing to rise supported by Chinese Steel makers. Chinese markets are closed for the rest of the week though which could limit trading activity somewhat over the next
2020-5-16Iron ore the steelmaking commodity that is the main source of income for global miners BHP Rio Tinto and Vale broke above 90 a tonne this week for
Global iron ore prices this week moved back to levels last seen in early March as Chinas crude steel production maintain a solid pace after the first four months of 2020. Aprils daily production was the highest since June of last year. Thats despite a solid rise in iron ore imports in April to 97.27 million tonnes up from 85
2020-6-8The Australian sharemarket is tipped to soar when trade resumes on Tuesday buoyed by surging iron ore prices and an unexpectedly upbeat US jobs
2020-5-25Another fact. Iron ore inventory on vessels outside of the key iron ore ports in northern China has dropped by -1mt over the latest week and as UBS points out inventory at the ports overall is down -2mt which implies a tight iron ore market. Australian Iron Ore. Iron ore prices are the main driver of iron ore stocks and two key risks for the
2020-5-28The iron ore price is up about 30 per cent as Chinese demand grows Increased mining royalty revenue is expected to boost the WA budget Analysts
IRON ORE DAILY Seaborne prices rise amid surge in mid-grade ore market activity. May 28 2020 1307 China alumina price diverts on opaque market. May 28 2020 1250 CHINA REBAR Domestic prices up slightly but still under pressure. May 28 2020 1235 COKING COAL DAILY Seaborne premium prices continue to slide
2017-11-6Iron ores recent advance has come even as port stockpiles rise in China indicating ample supply. The holdings expanded 0.4 percent to 136.3 million tons last week gaining for the fifth time
The small rise in iron ore prices was more due to the better than expected crude steel production figures for March and the first quarter. Chinas National Bureau of Statistics said the countrys crude steel output fell 1.7 to 78.98 million tonnes of crude steel last month down from 80.33 million tonnes in March 2019 and 74.8 million in
Daily iron ore price update Dalian pin By David Llewellyn-Smith in Commodities Iron ore price. Daily iron ore price update still sick Iron ore prices for May 28 2020 Brail
2020-5-31Surging iron ore prices could support the Australian sharemarket this week with cash-loaded funds eager to push money into some of the markets most under-loved sectors. Iron ore prices shot
2016-4-8The worlds top iron ore shipper is bullish about prices for the next five years even as the worlds largest steelmaker produces less steel
2020-3-2Iron ore and coking coal should be most resilient due to their weighting towards China infrastructure and high-rise multi-year property builds where construction should continue bank said
2019-6-21Iron ore is now closing in on prices last seen five years ago and while the spike may be temporary some analysts see a shift to a supply deficit lasting well into next year
2012-7-30Iron ore port stocks statistics show that as of July 20 2012 the countrys 30 major ports iron ore stocks a total of 98.52 million tons an increase of 600000 tons the previous week the total inventory is six weeks the first exceeded 98 million tons also
2019-7-6Iron ore futures fell sharply on Friday after a top official of the China Iron and Steel Association said authorities will crack down on illegal behavior related to iron ore price manipulation
Iron ore 62 Fe IODEX fines have ranged in a 80-90dry mt CFR China band so far this month and Vales 65 Fe IOCJ fines saw spot trade at 106dmt CFR on Monday. The Platts 62-65 Fe spread widened in the past month and was at 17.60dmt on Tuesday up from Aprils average of 15.47dmt
Iron ore wars the fall of Vale and the rise of Rio Tinto. which contributed to a sharp increase in the worlds iron ore prices as its largest producer was suddenly thrown into turmoil. Rio Tintos own reporting notes that iron ore prices were 37 higher by the end of 2019 than 2018 as the global supply began to dry up following the
The downside risks to iron ore prices will increase with falling steel prices which will threaten to squeee the operating margins for steelmakers. Although there may be upside risks to iron ore prices in the short term we anticipate a gradual downward correction in the long term when demand starts to decline
Iron ore rose above 100 USDMT in late May a level not seen since August of 2019 amid rising demand from China as the country ramps up spending on infrastructure to shore up the economy from the coronavirus crisis. In June Brails major iron ore producer Vale was forced to suspend operations at the Itabira complex after at least 188 workers tested positive for Covid-19. Iron ore prices
Rio Tintos iron ore shipments on the rise. Iron ore prices surged nearly 60 per cent earlier this year after a fatal dam disaster at a Brailian iron ore mine sparked production outages and
Iron Ore Price Get all information on the Price of Iron Ore including News Charts and Realtime Quotes. Iron-Ore Prices Surge on Impending Demand-Supply Imbalance. Daily High 102.96 Trade