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#0183;#32;Spot iron ore prices .IO62CNI=SI this week edged up to twomonth highs, backed by Chinese steel mills replenishing inventories, although the pace of restocking may have slowed, suggesting a two
Demand from steel mills in China generally dictates the price of iron ore Close The CEO of Atlas Iron says the price of iron ore will rebound as demand starts to again rise.
#0183;#32;Iron ore futures in Singapore tumbled from the highest since 2013 after a leading mills group in China stepped up its push for authorities in the top importer to investigate the raw material
#0183;#32;Chinas steel and iron ore futures have trended up since Monday night, with the benchmark rebar and hotrolled coil contracts leading gains on Tuesday although some market participants said the latest Vale issue was more or less boosting iron ore futures prices. The countrys spot markets for HRC and rebar posted gains of 1050 yuan (1
Demand is likely to fade after Chinas new year holiday, according to BMO Capital Markets. It reckons restocking has finished, pointing to a slowdown in activity at the main iron ore port in
#0183;#32;Ore prices may rebound as soon as next month because of declining stockpiles in China and the nations rising demand for construction, Vale, the
Prices for spot cargoes of benchmark iron ore with 62% iron content for delivery to China declined by 1 to a tonne on Thursday, data from SteelHome consultancy showed.
Iron ore prices are up 56% in the year to date compared with around 24% for copper and is 2020s best performing commodity. Incoming supplies remain tight, steel output continues to rise on strong infrastructure demand and prices are rising. Chinas trade data later today (Monday) will show iron ore imports topping a billion tonnes
#0183;#32;Chinas steel mills are asking BHP and Rio to change the way iron ore is priced. While the miners have surely made all the right sympathetic noises about the price
#0183;#32;As iron ore prices fell to a near twoyear low last month, steel mills in China began restocking. Some improved economic data from China also boosted prices. Spot prices of benchmark ore
Spot iron ore prices rebounded by 28% to USD /MT CFR China after recording 10year low in early July. S
China produced million mt of crude steel in July, up 9% on year, and million mt in August, up %, according to the National Bureau of Statistics, driving strong demand for iron ore. China''s iron ore imports jumped accordingly, reaching 213 million mt in JulyAugust, up 15% on year.
Iron ore futures rose on Friday, buoyed by firmer steel prices and following a report that antismog measures have been lifted in China''s top steelmaking city of Tangshan, which spurred hopes of a
Steel inventories in China stood at million tonnes as of, We are seeing weakness in the iron ore price. Iron ore prices for October 20, 2020: Spot. Vale iron ore rips higher.
#0183;#32;Chinas insatiable demand for steel combined with a slow recovery in Brazilian supply after a series of outage events has lifted the price of iron ore to a sixyear high of 130 a ton, but that
China aluminium scrap imports fell % in October. China imported 47,000 mt of aluminium scrap in October, down % on the month, and down % on the year, and imports totalled 680,000 mt in the first ten months of 2020, down 48% from the same period last year, the latest customs data showed.
Iron ore prices in China, which accounts for more than half of the worlds steel output, hit multiweek lows this week, as Chinese port stockpiles have risen around 10% since June when they hit
Iron ore prices for August 6, 2020: Spot scorcher. Paper too. Steel is muted but OK. OK, so get this: Rising car and excavator sales in China further buoyed sentiment, analysts at Beijingbased
* Prices for spot cargoes of benchmark iron ore with 62% iron content for delivery to China rose to a tonne on Wednesday. * Fitch Ratings expects Chinas fullyear growth to dip below 2%
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