Aug 03, 2021 IRON ORE IN SEABORNE TRADE. Written by: Superman. Iron Ore is a mineral substance and the main raw material for steel. Iron Ore is usually transported by bulk vessels. Therefore, the price of this mineral and the freight costs significantly rely on this material’s demand in the world
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Jan 08, 2014 Must-know: Countries involved with the seaborne iron ore trade By Xun Yao Chen. Jan. 8 2014, Published 2:18 p.m. ET. Iron ore. Iron ore represents about 30% of total dry bulk shipments. It’s one
The seaborne trade in iron ore—that is, iron ore to be shipped to other countries—was 849 million tonnes in 2004. Australia and Brazil dominate the seaborne trade, with 72% of the market. China is currently the largest consumer of iron ore, which translates to be
Jan 17, 2012 Australian seaborne supply of iron ore is expected to amount to around 830 million metric tons in 2015. Iron ore is the raw material used to make pig iron
The Mysteel Seaborne Forward Iron Ore Indices (SEADEX) represent a tradable fixed price among miners, traders and steel mills in the iron ore seaborne forward market. Submissions used in the calculation of these indices include miners’ tenders, transactions from the main iron ore trading platforms, private negotiations, and transactions, bids
Platts started assessing the spot price of seaborne iron ore on June 2, 2008 – the first publisher to do so on a daily basis. Starting with the 62%-Fe IODEX, subsequent associated assessments were launched to reflect ores of different quality groupings and forms, including lump
Sep 02, 2020 Global seaborne trade - iron ore 2010-2020. Show all statistics (7) Companies. Global leading iron ore producing companies based on market capitalization 2019. Revenue of
Jan 16, 2018 Iron ore futures ended 2016 at $79.75 a tonne, peaked at $90.16 in mid-March, then plunged to $53.66 by mid-June, before recovering to $77.80 in early September. This was followed by another sharp drop to $58.53 on Nov. 1, before the current rally, which has taken the price back to levels close to where it was a year ago
Jan 11, 2017 Seaborne iron ore prices have almost doubled in the last year, following three consecutive years of falls. Prices hit $83.60 per ton on December 12, 2016, their highest level since September 2014
Nov 05, 2021 MMi Daily Iron Ore Report (November 10) DCE iron ore futures fell sharply today, and I2201 hit new low of 671 yuan/mt. an decrease of 4.62% throughout the day;the quotation in the morning was decreased by 30-50 yuan/mt over yesterday. Nov 10, 2021 17:51
Nov 09, 2021 This is because steel mills in China, which buys almost 70% of global seaborne iron ore, try to produce as much steel as they can by running their plants at high levels of capacity utilisation
Nov 09, 2021 In times of strong demand, the lower grade 58% iron ore tends to outperform both the benchmark 62% and the high-quality 65% grades. This is because steel mills in China, which buys almost 70% of global seaborne iron ore, try to produce as much steel as they can by running their plants at high levels of capacity utilisation
South Africa’s seaborne iron ore exports in the 12 months of 2020 declined by -3.2% y-o-y to 54.9 mln tonnes. This was not necessarily due to Covid issues, but actually part of a longer negative
Jun 14, 2021 Furthermore, seaborne supply remained tight, especially for the mainstream ores. Coupled with delays in discharging some iron ore cargoes due to the coronavirus pandemic, it has resulted in lower Chinese port stocks recently. Chinese mills had been buying hand-to-mouth from the ports for several weeks, according to sources
May 20, 2021 Global seaborne trade - iron ore 2010-2020. Published by Statista Research Department , May 20, 2021. Globally, some 1.5 billion metric tons of iron ore were transported by maritime trade in 2020
Oct 29, 2021 The iron ore seaborne market supply might lose 40 million tonnes in 2022 compared with 2021, the ferrous director at Brazilian mining company Vale, Marcello Spinelli, said on Friday October 29. This reduction follows from a trend that began this year of important iron ore suppliers – including Brazil, India and the Commonwealth of Independent
2 days ago Seaborne iron ore prices moved up slightly but overall market sentiment remains weak, sources told Fastmarkets on Tuesday November 16. Fastmarkets iron ore indices. 62% Fe fines, cfr Qingdao: $90.04 per tonne, up $0.99 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $91.00 per tonne, up $0.74 per tonne. 58% Fe fines high-grade premium, cfr
Jan 17, 2012 China’s seaborne demand of iron ore is expected to amount to around 999 million metric tons in 2017. Iron ore is the raw material used to make pig iron
Jan 20, 2021 China’s seaborne iron ore imports recorded 6.5 percent growth last year amid the outbreak of the Covid-19 pandemic, media reports said. It is reported that the global iron ore imports last year surged by a marginal +0.2 percent y-o-y to 1514 million tonnes
Nov 03, 2021 The price collapse was largely attributed to a drop in steel demand from China. The country purchases nearly two-thirds of the seaborne iron ore
Aug 26, 2019 The average for the month of August so far of the price difference between seaborne iron ore with 62% iron content and supplies at Chinese
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