Iron ore price continued to move in the US $91 to $120 a ton range as it has for the last three months Stay up to date on all the latest iron ore and steel news as well as price fluctuations
Get PriceSul Americana de Metais SAM a subsidiary of China s Honbridge Holdings announced that it has received the basic approval for an iron ore project from the Brazilian mining agency ANM for a mine located in the north of the southeastern state of Minas Gerais The project forecasts $2 1 billion in investments in the mining of low grade ore with average 20 percent iron contents plus
Get PriceThese 2 stocks will benefit from steel export duty rollback Depressed global prices will limit export duty cut benefits to domestic steel players Elsewhere the prospects of iron ore producers are set to improve Steel companies reported weak earnings in the second quarter of 2024 23 due to the impact of export duties on realisations
Get PriceThe price of steel has climbed all year; according to one index the futures price for one ton of hot rolled coil steel is roughly $1 923 up from $615 last September Meanwhile the
Get PriceThe benchmark 62% iron ore futures chart sourced from the COMEX showed prices have slumped about 34% year to date to trade below $80 per tonne as of 1 November 2024 It was just over a year ago that iron ore prices had surged to an all time high of about $220 per tonne in July 2024 on the back of a commodity supercycle narrative
Get PriceThe price of spot 62% iron ore for delivery to north China as assessed by commodity price reporting agency Argus rose to $99 50 a tonne on Nov 18 close to the $100 level last seen on Sept 15
Get PriceEarlier this week iron ore futures too rebounded In fact the most traded January iron ore on China s Dalian Commodity Exchange ended daytime trade 4% higher at 692 yuan $99 85 a ton
Get PriceStay Updated on Latest Iron Ore prices trend news and reports of Iron Ore Lumps Pellets & concentratres from India and all across the world Iron Ore SteelMint Indian Iron and Steel Prices; Domestic Export and Import; Price trends of raw material semi finished finished steel & ferro alloys
Get PricePlatts Steel Markets Daily Delivering concise daily market news expert analysis and the latest steel raw materials price assessments from S&P Global Platts including iron ore Learn More Latest Metals Events See All Metals Events Metals Non Ferrous 35th Annual Aluminum Symposium 23 Jan 2024 Miami Florida USA Oil Petrochemicals LNG
Get PriceExports of iron ore alone saw over 72% decline in April October 2024 at $2 4 billion compared to $666 million in April October 2024 On the other hand imports of iron and steel surged over 31% in
Get Price25 Nov Iron ore steel freight carloadings fall in Canada 25 Nov Long steel imports to US hit yearly low 25 Nov US construction costs rise despite falling steel prices 25 Nov US adds 2 rigs Canada loses 7 25 Nov Turkish pig iron imports grow steel output drops 25 Nov Iron ore declines despite China s RRR cut
Get PriceMeanwhile for US steel producers like Nucor NUE and Steel Dynamics STLD steel scrap pricing is a bigger driver than seaborne iron ore prices The graph above shows the movement in
Get PriceIron Ore Price Get all information on the Price of Iron Ore including News Charts and Realtime Quotes
Get PriceIron ore prices are currently hitching a ride on the back of soaring Chinese steel prices and margins with news of further output reductions for environmental reasons boosting an already overheated sentiment China s domestic hot rolled coil margin hit a record $177 80/mt on April 25 according to S&P Global Platts Analytics
Get PriceThe rapid decline in prices coincides with decreased demand of iron ore from steel manufacturers in China Iron ore prices monthly average 2024 2024 when it reached a decade low of US$40 88 The price of iron ore moderately recovered in 2024 and 2024 reaching US$89 44 in February 2024 before falling to US$72 25 by the end of the year
Get PriceIron ore prices have crashed 40 per cent over the past month alone albeit from totally unexpected record high levels Building apartments and infrastructure requires steel lots of it and
Get PriceSteel price today 30/11 Steel price increased to 3 737 yuan/ton on the exchange Steel prices increase on the exchange Steel price today delivered in May 2024 on the Shanghai Exchange increased 2 yuan to 3 736 yuan / ton Iron ore prices also rose to a 23 week high
Get PriceProduct Specification Unit Price Price in USD Change Update FCST Iron Ore Fine 65%min EXW Benxi RMB/dt Sign in to view Sign in to view
Get PriceIron Ore Fe is mined in around 50 countries worldwide and used to make steel buildings cars white goods etc Global economic growth is the primary factor that drives its supply and demand When economies are growing the need for steel in construction increases which drives the price up
Get PriceMany analysts agree that demand from China ultimately determines iron ore prices One analyst sees the country s insatiable demand for the commodity in steel production as a reason for optimism Steel output continues to be on the rise which will boost consumption of iron ore Mills are making chunky profits so they re firing up production
Get PriceChina iron ore imports slow down Amid lower steel output from China iron ore imports have also been under pressure this year The world s top consumer brought in 94 98mt of iron ore in October down from September s 99 71mt the General Administration of Customs said while they fell 1 7% year on year to 917mt in the first 10 months of
Get PricePrice of 62% Fe iron ore fines for example increased a whopping 344% to around Rs 7 000 last month from Rs 1 575 in May 2024 Some secondary steelmakers have urged the government to bail them out as current prices of iron ore are higher than export parity The industry has also urged the government to auction ore mines at the earliest
Get PriceSpot prices of iron ore with 62% iron content for delivery to China stood at $212 per tonne on Friday data compiled by SteelHome consultancy showed SH CCN IRNOR62 On the Singapore
Get PriceWith steel prices at all time highs boosting the margins of steel mills iron ore has been very strong June U S Midwest domestic hot rolled coil steel meanwhile settled at an
Get PricePlatts Metals Alert is an online platform providing real time news bids offers and trades as well as end of day prices for today s metals markets Seize opportunities before your competition and effectively manage risk with real time metals intelligence Contact Sales Learn More Platts Steel Raw Materials Monthly
Get PricePrices for iron ore cargoes with a 63 5% iron ore content for delivery into Tianjin rose to $105 in December the highest since mid September amid easing Covid curbs and measures to stimulate the economy in top consumer China Key Chinese cities announced looser lockdown rules after protests raising hopes that other industrial hubs would follow
Get PriceIron is the world s most commonly used metal—steel of which iron ore is the key ingredient representing almost 95% of all metal used per year It is used primarily in structures ships automobiles and machinery Iron ore prices daily 25th October 2024 4th August 2024
Get PriceAn Odisha based iron ore producer exporter says No doubt miners here are a major beneficiary as China stepped up ore imports in line with its crude steel production rising from 803 8 million
Get PriceIron Ore 62% Fe CFR China TSI Swa Add to watchlist TIOc1 NYM Actions Price USD 103 10 Today s Change 4 34 / 4 21% Shares traded 0 00 1 Year change 1 26% 52 week range Data
Get PriceData from steel research and analysis firm SteelMint shows that average Indian iron ore prices have fallen by around 25% Fines of Fe 62% have come down from almost Rs 9 600 per tonne to Rs 7 000/t levels in Odisha while lumps 5 18mm Fe 63% have dived more sharply from more than Rs 14 000/t to around about Rs 11 500 12 000/t in August it said
Get Price