Overall, global prices trended upwards in 2019 and the annual average value of $112.15 per ton was a 21% increase from $93.00 per ton in 2018. Based on reported prices for iron …

58% Fe iron ore delivered China. Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.

Brazil's Vale, one of the world's leading iron ore miners, produced a total of 70.8 million tonnes of iron ore fines during the January-March quarter, achieving an on-year growth of 6.1%, though the volume was 20.8% lower than that in the fourth quarter of last year, according to the company's. Apr 16, 2024 21:00.

The premium between 66% Fe and benchmark 62% Fe iron ore fines has swung dramatically in the last 12 months. From a long-running normal 15% price spread, it is now above 50%. In fact, a steel mill that locked in the 62% price this time last year, but buys at 66% Fe will have lost 3% on the hedge position but pay almost 30% higher on …

as well as the physical market. The 58% Fe Premium Index is used by the Singapore Exchange (SGX) as the settlement price for 58% Fe iron ore derivatives. Data collection Data collection and quality Our indices are based on the data provided by the market. To provide a representative price for the market,

Iron (Fe) is a metallic element that constitutes 5.6% by weight of the Earth's crust and is the fourth most abundant element in the crust. Iron ores are rocks from which metallic iron can be economically extracted. The principal iron ores contain hematite (Fe 2 O 3) and magnetite (Fe 3 O 4 ). Hematite is an iron oxide mineral.

63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.7000 per dry metric tonne unit (dmtu), down by $0.1500 per dmtu. Key drivers. A cargo of Pilbara Blend lump (PBL) was traded on the Globalore platform at a "very strong" lump premium of $0.7000 per dmtu, according to market participants. A trader in northern China, however, …

Though India has large reserves of iron ore containing average grade around 58% Fe, but the performance of blast furnaces has been at lower levels in comparison with developing countries, mainly ...

The iron ore lump premium over fines has risen 10% this week to around $15 per tonne. World number three producer BHP announced on Thursday it has approved a $3.4 billion project (BHP's …

Fines, Fe 57% (India origin) Avg By : Datewise. Weekly. Monthly. Quarterly. Yearly. Iron Ore Fines, FOB Paradip, India Zoom 1h 1D 1m 2m 3m 6m YTD 1y All From Nov 25, 2023 To Jan 25, 2024 SteelMint. Min Price.

The Metal Bulletin 58% Fe Iron Ore Index (MBIOI-58) uses daily price data from a broad spectrum of industry participants and widespread contact base of steel producers and iron ore traders across China via Shanghai Steelhome. MBIOI is the world's only iron ore index with access to such data from a major Chinese source.

Iron Ore 62% Fe, CFR China (TSI) Swa price information, historical data, charts, ... EU watchdog warns bloc still needs Russian LNG Apr 19 2024; ... 64.58 Jan 03 2024 104.95 Aug 01 2023. Lumber-----Orange Juice. As …

The global Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore global catalogue of price assessments. The various sections of this guide are designed to give S&P Global Commodity Insights subscribers as much detail as possible about a wide range of methodology and specification issues. For ...

14 Apr 2021 | 16:14 UTC. Singapore. Chinese mills shift iron ore procurement preference; JMBF slips into discounts. Author Yuchen Huo. Editor Aastha Agnihotri. Commodity …

The 58% index was assessed at $112.05/dmt CFR China on Sept. 18 and the 62% at $125.20/dmt, respectively. The 62% Platts IODEX broke the $130/dmt barrier at $130.80/dmt on Sept. 3, an over six and half year high. Medium grade fines supply has been increasing and with iron ore prices still largely supported in the near term.

Iron ore concentrates are ores that have been mechanically processed to increase their iron content and decrease impurity levels. Iron is not a rare commodity – it's the fourth …

On Friday, 62% iron ore was fetching US$128.03/t, with 58% fines going for US$77.21. At US$154/t, 65% iron ore fines were trading at a 17% premium. Fastmarkets senior price development manager Peter Hannah said traditionally price differentials had ebbed and flowed with mill profitability and coking coal prices.

It could mean a higher acceptance among buyers of Indian iron ore in the seaborne market, especially if they are substantially superior to what was being exported in the past, they said.. India is looking to mandate that at least 80% of iron ore below 58% Fe produced by a mine leaseholder should be beneficiated to at least 62% Fe, according to …

then, Platts has rapidly expanded its offerings for the iron ore market, which now include flat price assessments for 62% Fe and 63.5/63% Fe grades, high-grade 65% and a low-grade 58% Fe grade, as well as a daily 1% per Fe content differential for iron ore fines 60-63.5% to help clarify the normalization process.

Figure 1 shows the Fe and gangue contents in the iron ores from different deposits of the major iron ore producing nations and from Muko deposit of Uganda. In this figure, the total gangue content was determined as the sum of SiO 2 and Al 2 O 3 contents in iron ores. All the iron ores were divided into three groups according to the total Fe …

The slump in iron ore prices is in stark contrast to copper's extraordinary rise. In this edition, we look at just what's driving the divergence. Get in-depth information about Iron ore fines 62% Fe CFR Futures including Price, Charts, Technical Analysis, Historical data, Reports and more.

In order to ensure that all firm bids and offers that still stand at the close of the MOC process have been fully tested in the market at large, Platts has established clearly defined timing ... (58%) Outright/Spread Cargoes Window 17.00.00 Within 60 secs 17.25.00 17.30.00 N/A N/A ... Platts published its Iron Ore MOC Timing & Increment

India Foreign Direct Investment: Inflow: USD (USD mn) 2,374.000 Dec 2023. monthly. Oct 2004 - Dec 2023. India Iron Ore: Average Sale Price: Fines: 55 - 58% Fe data was reported at 4,483.000 INR/Ton in Feb 2024. This records an increase from the previous number of 4,395.000 INR/Ton for Jan 2024. India Iron Ore: Average Sale Price: Fines: …

In addition to the above, export of iron ore of above 64% Fe content is also allowed against licenses issued by DGFT. Currently, exports of iron ore, for both lumps and fines varieties, of 58% Fe content and above attract a …

(Price quotes for Iron ore fines 62% Fe CFR Futures are delayed by at least 10 minutes, as per exchange requirements). Iron Ore 62% Fe CFR Contracts Delayed Futures - 06:22 - Monday, April 15th

Hematite is commonly benchmarked and traded as CFR (62% Fe (iron)) and Fines (58% Fe) 1. To make steel, the iron ore is smelted in blast furnaces where impurities are …

It is a "homogeneous" product: characterized by a given amount of marketable metal content (52%, 58%, 62%, 63.5%, 65% Fe content according to most available …