Daily iron ore price update (cartel capers) - MacroBusiness
Brazilian red tape may keep the global iron ore market tighter than expected after Vale SA lowered its forecast for production capacity because of sluggish permitting.
Read MoreBrazilian red tape may keep the global iron ore market tighter than expected after Vale SA lowered its forecast for production capacity because of sluggish permitting.
Read MoreMoody's: Iron ore prices to increase amid tight supply. International credit rating agency Moody's has stated that it expects iron ore prices to move gradually towards the average levels of $70-80/mt seen in 2016-19 beyond 2022. According to the agency, tight iron ore supplies will keep prices above their historical norms through 2022 ...
Read MoreRio Tinto Group on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a …
Read MoreThe Global Iron Ore Market; RESEARCH: Tighter trade policy likely to raise global floor for stainless steel prices The latest forecasts from Fastmarkets' team of analysts is ready to view. Recent weeks have brought two key developments with regard to trade policy on stainless steel products that will be to the detriment of consumers. ...
Read MoreThe CME offers two 62% iron content contracts and a third contract based on ore with 58% iron and low alumina. Each contract settles into 500 dry metric tons of iron ore. The contracts trade globally on the CME Globex electronic trading platform and have a variety of expiration months. The ICE offers four contracts based on 62% iron content.
Read MoreVale sees ore with 64-66% iron content accounting for 27% of the market by 2030 from 21% last year. As part of a bid to reach net zero emissions by 2050, Vale is touting a so-called green briquette product that reduces greenhouse gases in steel production by as much as 10%. A potential spinoff of Vale's base metals business might have to wait ...
Read MoreIron ore prices expected to remain strong amid tight supply. By Chantelle Kotze. May 24, 2021. Iron ore was a clear commodity outperformer in 2020, owing to the substantial increase in demand driven by China's infrastructure stimulus and given the supply constraints. Amid initial fears that the price rally would lose traction in 2021, ratings ...
Read MoreThe most active iron ore futures contract on the Dalian Commodity Exchange, for September delivery, was at 1,241 yuan ($192) up 1.88% at 3pm Beijing time on Friday.
Read MoreAnother common condition is a tight trough, or basin, formed by the iron formation and an intruding dike. Important ore-bodies have been found that were completely without, or almost without, outcrop, in some cases being covered by slate.
Read MoreAs demand for iron ores is rising, supply is stagnating. Principal analyst for iron ore markets, Alex Griffiths, discusses the implications of the current market, including renewed focus on productivity, a shift to bigger blast furnaces, and how the market is shifting with global iron ore supply-demand dynamics.
Read MoreTight supplies and rising demand helped lift the most-active futures contract for 62% iron-ore fines delivered to China TIOH21 to $174.94 per metric ton on March 4, the highest settlement since ...
Read MoreMELBOURNE - Major Australian iron ore companies say they are increasing security measures at remote mine sites and improving training to try to change an industry culture that has seen high rates ...
Read MoreThe Dalian iron ore price tumbled on Thursday on slow manufacturing activities in China. Benchmark iron ore futures on the Dalian bourse plummeted 8.7% to 651 yuan ($101.87) per tonne. Stainless steel futures on the Shanghai bourse, for November delivery, ended up down 1.1% at …
Read More"The outlook for steel and iron ore is favourable for early 2021 and we have reduced underweights by adding to Fortescue, BHP and Champion Iron," he said. "We expect a tight iron ore …
Read MoreBHP iron ore boss Brandon Craig said earlier this month it was investing A$300 million to improving the safety and security of its facilities. BHP has fired 48 workers in two years for incidents related to sexual harassment, it said in its submission. Owen Whittle, a spokesperson for UnionsWA, which represents 30 workers groups, said the unions ...
Read MoreUPDATE 1-China iron ore plunges 6% on tighter global coronavirus-related curbs. By Enrico Dela Cruz. 3 Min Read * Dalian iron ore drops 6%, Singapore futures fall 5.6%
Read MoreAccording to Moody's, iron ore prices will move gradually toward their $70-80/mt average levels of 2016-19 beyond 2022. Tight iron ore supplies will keep prices above their historical norms through 2022, but prices have retreated sharply from their peaks earlier in 2021 as supplies have increased and demand growth decelerates.
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Read MoreRio Tinto cuts 2021 iron ore shipments forecast on labour squeeze. (Reuters) – Rio Tinto on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri. The miner now expects 2021 Pilbara iron ore shipments between 320 million tonnes (mt ...
Read MoreTight supply and demand of iron ore to stay: BHP. Australian Mining. Feb. 17, 2021, 05:38 AM. BHP has anticipated that iron ore demand will remain strong due to …
Read MoreRio Tinto on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri. The miner now expects 2021 Pilbara iron ore shipments between 320 million tonnes (mt) and 325 mt, down from the lower end of a previous range of 325 mt to 340 mt.
Read MorePiles of imported iron ore sit at the port of Taicang in East China's Jiangsu Province on Dec. 9. Iron ore futures soared to all-time highs this week in China, more than doubling from April levels, prompting the local exchange operator to warn of a speculative bubble as Beijing also sent signals that could foreshadow government intervention.
Read MorePremiums for low-alumina BRBF iron ore fines have risen to five-month highs on the back of tighter supply during Brazil's rainy season.
Read MoreMELBOURNE (Reuters) -Rio Tinto Group on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of …
Read MoreIron ore 63.5 per cent Fe has gained 31.55 per cent since the beginning of this year, while iron ore 62 per cent Fe has increased 38 per cent. ... CRU's Hedborg said the global market was tight ...
Read More(Reuters) – Rio Tinto on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri. The miner now expects 2021 Pilbara iron ore shipments between 320 million tonnes (mt) and 325 mt, down from...
Read MoreTight iron ore market building for some time. Iron ore has been heading into a tight supply situation for the past few years, according to some market experts who foresaw the present market conditions. Five years ago — a time of oversupply for the iron ore industry — China was producing 800 million tonnes of steel per year.
Read MoreIRON ORE DAILY: Liquidity tight amid weak demand. Most iron ore prices increased on Monday August 16 despite limited trading activity in the physical market, sources told Fastmarkets. Fastmarkets iron ore indices. 62% Fe fines, cfr Qingdao: $163.52 per tonne, up $1.45 per tonne.
Read MoreRio Tinto Group, on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri.
Read MoreIron Ore 62% Fe, CFR China (TSI) Swa. Actions. Add to watchlist. Price (USD) 118.10. Today's Change 4.76 / 4.03%. Shares traded 0.00. 1 Year change -3.56%. 52 week range 164.44 - 211.80. Data delayed at least 30 minutes.
Read MoreChinese iron ore futures have been rising lately due to tighter iron ore stocks at Chinese ports. This is prompting steel mills to order more shipments. Shipments from Brazil, on the other hand ...
Read MoreBHP iron ore boss Brandon Craig said earlier this month it was investing A$300 million to improving the safety and security of its facilities. BHP has fired 48 workers in two years for incidents ...
Read MoreTighter steel output curbs could be expected in early 2022, with China likely to keep air quality as clean as possible for Winter Olympics in February, analysts said. ... But while iron ore prices ...
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