Aug 01, 2019 SHANGHAI, Aug 1 (SMM) Potential, accelerated production at steel mills in Tangshan will fuel demand for iron ore and continue to provide strong support to ore prices in August. The upside room in iron ore prices will be capped as growing raw materials costs drove steelmakers into losses .
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This is a roundup of Chinas metals weekly inventory as of September 17. Shanghai nonferrous metals closed with mixed performance, and the power rationing has been disrupting the production of metals, which remains as the market focus. The iron ore inventories across 35 ports tracked by SMM totaled 129.29 million mt, a decrease of 330,000 mt ...
Iron ore is the key raw material for steel production enterprises. Generally, iron ore with a grade of less than 50% needs to be processed before smelting and utilization. After crushing, grinding, magnetic separation, flotation, and gravity separation, etc., iron is gradually selected from the natural iron ore.
Aug 18, 2021 Chinese iron ore hits near 5-month low as steel curbs hurt. BEIJING, Aug 18 (Reuters) - Benchmark iron ore futures in China slumped more than 4% to their lowest since March 24, as increase in portside inventories and curbs on steel production weighed on prices. Iron ore inventories at 45 ports in China increased by 260,000 tonnes last week to ...
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Aug 18, 2021 BEIJING, Aug 18 (Reuters) - Benchmark iron ore futures in China slumped more than 4% to their lowest since March 24, as increase in portside inventories and
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Sep 01, 2021 Benchmark iron ore futures on the Dalian Commodity Exchange for January delivery were down 8.1% at 763 yuan ($118.07) per tonne, as of
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Aug 20, 2021 Import iron ore prices moved on a decreasing trend in July, with the highest level in the month at $221/mt CFR seen on July 6, while the lowest level during the month was observed at $180/mt CFR on July 30-31, while prices indicated a further sharp decrease in August amid the central governments target to decrease crude steel output and also amid significant decreases in ferrous
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Sep 09, 2019 SHANGHAI, Sep 9 (SMM) Chinas imports of iron ores and concentrates rose for a second straight month to 94.85 million mt in August, marking the highest level of monthly imports since January 2018, the General Administration of Customs reported on Sunday September 8. Augusts imports were 6.2% from a year ago and 4.2% from a month ago.
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Sep 20, 2021 Measures are already showing signs of taking effect. Production declined in early September after a falling to a 17-month low in August. We anticipate another decline in weekly Chinese steel production numbers, which will undermine iron ore prices once again, said Atilla Widnell, managing director at Navigate Commodities.
Aug 02, 2021 Spot prices of iron ore with 62% iron content for delivery to China SH-CCN-IRNOR62 inched up $0.5 to $185.5 a tonne on Monday, according to
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Aug 04, 2021 BEIJING, Aug 5 (Reuters) - Chinese iron ore futures fell below a key 1,000 yuan per tonne level on Thursday, falling more than 5% to their lowest
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Aug 17, 2021 IRON ORE DAILY Prices drop on steel production cuts, thin trading. Seaborne iron ore prices fell on Tuesday August 17, with crude steel production cuts in China leading to thin trading and depressing market sentiment. Fastmarkets iron ore indices. 62% Fe fines, cfr Qingdao $160.75 per tonne, down $2.77 per tonne.
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Aug 03, 2021 Weekly iron ore shipments from Australia and Brazil fell to 24.7 million tonnes as of Aug. 1, down by 147,000 tonnes from a week earlier, data from Mysteel consultancy showed. The most active iron ore futures on the Dalian Commodity Exchange, for September delivery, increased 2% to 1,063 yuan ($164.41) per tonne at close.
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