Iron Ore Market articles & resources on Made-in-China.com

CISA Tells China Iron Ore Importers to Keep Close Eye on Steel Credit Crunch

Dec 18, 2015

China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...

Tags: iron ore, Steel

Iron Ore Majors Must Cut 'like It's 1994' to Halt Further Price Drop: Investec

Dec 16, 2015

Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...

Tags: iron ore, aluminum

JSW Steel Has Announced Its Financial and Operational Results

Oct 28, 2014

Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the first half ended September 30 of the financial year 2014-15, posting a net profit of INR 15.6 billion ($254.4 million), compared to a net ...

Tags: JSW Steel, Results, Energy

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 109.34 Million Mt

Aug 28, 2014

As of August 25, inventory of iron ore at 33 major Chinese ports amounted to 109.34 million mt, up 0.54 million mt or 0.5 percent week on week, as announced by China's Xinhua News Agency on August 26. As of the same date, the Xinhua-China ...

Tags: Iron Ore Inventory, Chinese Ports, Energy

Assumptions About The Direction and Dynamics of The Iron Ore Market Have Been Tested

Aug 27, 2014

Long held assumptions about the direction and dynamics of the iron ore market have been severely tested in 2014. After hitting a high of $158.90 in February, the industry was jolted on March 10, when iron ore suffered the worst one-day ...

Tags: Iron Ore, raw material

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 111.87 Million Mt

Aug 12, 2014

As of July 28, inventory of iron ore at 33 major Chinese ports amounted to 111.87 million mt, down 2.4 million mt or 2.1 percent compared to the inventory level recorded on July 21, as announced by China's Xinhua News Agency on July 29. ...

Tags: Iron Ore Inventory, Down, Xinhua-China

Fortescue Registered 13.3 Million Mt of Iron Ore Shipments

Aug 12, 2014

Australian iron ore miner Fortescue Metals Group has announced that its iron ore shipments in the fourth quarter ending June 30 of the financial year 2013-14 totaled 38.7 million mt, increasing by 54.8 percent year on year. In June alone, ...

Tags: Australian, Fortescue Metals Group, Metallurgy, Mineral

The Growth Observed in Pig Iron Output Has Been Limited,Restricting Demand for Iron Ore

Aug 12, 2014

Whereas China's steel output has remained at high levels as domestic steel demand has indicated some increases due to the Chinese government's stabilization policy and also given the significant rises seen in export volumes, the growth ...

Tags: Iron Ore, steel

Seaborne Iron Ore Prices Reversed Losses Tuesday

Jul 11, 2014

Seaborne iron ore prices reversed losses Tuesday, as bullish expectations on Chinese economic performance provided stronger support for the steel raw material. Platts assessed the 62% Fe IODEX $0.75/dmt higher on day at $96/dmt CFR North ...

Tags: Iron Ore, Steel Raw, Steel

Iron Ore Prices Since It Is The World's Lowest-Cost Iron Ore Producer at $20/Mt

Jun 6, 2014

Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...

Tags: Iron Ore, Rio Tinto

Seaborne Iron Ore Cended a Two-Day Rally and Dipped Again, Tracking a Withdrawal in Buying

May 27, 2014

The seaborne iron ore cended a two-day rally and dipped again Friday, tracking a withdrawal in buying activity as the fast spike and current supply glut hit spot purchasing. Platts assessed the 62% Fe IODEX at $98.75/dmt CFR North China, ...

Tags: Iron Ore, Seaborne Seaborne

Domestic Iron Ore Concentrate Prices in Hebei Province Have Declined by an Average 5.7%

May 21, 2014

Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...

Tags: Iron Ore, Concentrate Prices

The Seaborne Iron Ore Market Ended a Brief Two Days of Gains Thursday

May 19, 2014

The seaborne iron ore market ended a brief two days of gains Thursday as buying activity failed to hold up. Platts assessed the 62% Fe Iron Ore Index at $103.25/dry mt CFR North China Thursday, down 75 cents/dmt on the day. Despite spot ...

Tags: Iron Ore Market, Iron Ore

The Seaborne Iron Ore Market Reversed Losses as an Influx of Buying Activity Emerged

Apr 21, 2014

The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...

Tags: Iron Ore, Interest Resurfaces, spot market

Inventory of Iron Ore Indicated an Increase of 0.17 Million Mt or 0.2 Percent Week on Week

Mar 27, 2014

As of March 25, inventory of iron ore at 25 major Chinese ports amounted to 105.86 million mt, indicating an increase of 0.17 million mt or 0.2 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...

Tags: Iron Ore Inventory, Chinese Ports, Iron Ore

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