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2018-11-22 Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. Iron 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. Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin have been trading below the $178 a tonne level, which was the highest since October 2011, amid deteriorating demand outlook for the steel-making ingredient in the short term after top Iron Ore 62% Fe, CFR China (TSI) Swa price information, historical data, charts, stats and more. Iron ore 46-57 Low Grade 46-57 iron ores Sistemas Agrorentables SL sell Iron ore Grade 64 to 65 Suddy Ventures sell iron ore 57% rejection, 58% grade fines and 56% rejection 57%grade Iron ore lumps Shree Trading & Services Sdn. Bhd. sell 2021-3-20 Intratec provides Iron Ore pricing data, covering current prices and 13 years of historical data. Subscribers to our Commodity Price Database have access to Iron Ore 2021-1-13 Historically Iron Ore reached an all time high of 200 in November of 2007 and a record low of 39 in December of 2015 Iron ore prices refer to Iron Ore Fine China Import 635 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. More Detail; Demand for lowgrade iron ore rises as China steel mills Platts Iron Ore Index assessments reflect the tradeable price of iron ore at 5.30pm Singapore/Beijing time (9.30 am GMT). The IODEX assessment is not origin specific, and takes into account ores with iron content between 60-63.5% Prior to 2012, the spot market saw Indian material traded most actively; this shifted, with Australia being the main source of spot medium grade fines material. Indian low-grade iron ore fines export prices increased further by USD 1-2/MT towards weekend compared to price assessment made in mid of this week. However on a weekly basis, prices increased by USD 4-5/MT and the current assessment for Fe 58/57% fines stands at USD 66-67/MT, CFR China. Following price surge in spot iron ore fines due to supply concerns, low grade fines export prices also Prices of low-grade 58% iron-content ore for delivery to China [SH-CCN-IRNOR58] have already surged 72% so far this year, while 52% ore, which comes mainly from small miners in India and Indonesia
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India: Low-Grade Fe Fines Export Prices Up Recently
Chinese steel mills chase low grade ore, discount at