iron ore demand articles & resources on Made-in-China.com

Asian Iron Ore Prices Hit $44/Dmt, Lowest Recorded on Iodex

Nov 25, 2015

Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...

Tags: Seaborne iron ore, steel, ore

China Sources 84% of H1 Iron Ore From Australia

Aug 1, 2015

China's iron ore demand is falling, but its share of imports from mining giants Australia and Brazil is rising, which is squeezing smaller miners and curbing their supply. China imported 453.1 million mt of iron ore in January-June, with ...

Tags: Iron Ore, Metals

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

The Futures and Swaps Markets Recovered Some Ground

Jun 23, 2014

Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...

Tags: steel rebar, ore prices

Import Iron Ore Prices Started to Move Down Again in MID-April

May 30, 2014

Import iron ore prices in China have undergone two rounds of declines so far in the current year, China's National Development and Reform Commission (NDRC) said in a statement issued on May 28. By March 10, import iron ore prices in China ...

Tags: Iron Ore Prices, mining enterprises

Chinese Iron Ore Demand May Increase at a Y-O-Y Rate of 3-4 Percent Over The Long Term

Apr 21, 2014

Yang Jiasheng, chairman of the Metallurgical Mines' Association of China (MMAC), stated at SteelHome's 10th Steel Development Strategy Conference held in Shanghai at the weekend that China's demand for iron ore has entered a period of ...

Tags: Metallurgy, Mineral, Iron Ore

Iron Ore Prices Are Likely to Drop to $115/Dry Mt CFR China This Year

Apr 16, 2014

Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...

Tags: Iron Ore, iron ore demand

Chinese Iron Ore Miners Aims to Satisfy 50% of The Country's Annual Iron Ore Consumption

Mar 24, 2014

An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...

Tags: Iron Ore, Domestic Supply, Chemicals

Chinese Iron Ore Demand Slackens Amid Slower Steel Production

Feb 12, 2014

Iron ore demand intensity in China will fall further amid continuous drops in steel market prices and lower steel outputs, the China Iron and Steel Association (CISA) said in its monthly report published on its official website. Chinese ...

Tags: Iron Ore, Steel, Low Steel

Ongoing Urbanization Will Still Strongly Support Demand for Iron Ore and Steel Products

Jan 20, 2014

ZHANG CHENGLIANG/CHINA DAILY Although China's economic growth is slowing down, ongoing urbanization will still strongly support demand for iron ore and steel products for a long time. "We have confidence in China's iron ore demand because ...

Tags: Iron Ore, Steel

The Growth in China Is Still There

Dec 25, 2013

Anglo-Australian mining giant Rio Tinto still regarded China as the key driver of iron ore demand due to its continued growth and ongoing urbanization process,local media reported on Saturday. "The growth in China is still there"and its ...

Tags: Rio Tinto, iron ore, iron ore demand

China's Iron Ore Imports Have Been Decelerating Since 2011

Dec 10, 2013

China's iron ore imports have been decelerating since 2011, and that trend is set to continue next year with estimated growth of 6.25 percent, said an industry expert on Friday. China will import 850 million metric tons of iron ore in ...

Tags: Iron Ore, Metallurgy, Mineral

China's Daily Imports of Crude Rebounded in September

Oct 14, 2013

China's daily imports of crude rebounded in September from the previous month to a fresh record, bearing out forecasts for the country to overtake the United States as the world's largest oil importer, as refineries restarted following ...

Tags: Oil, Iron Ore, Copper

The Demand of Iron Ore Will Sustainable Growth Due to China's Development Said Fortescue

Jul 25, 2013

Australia's third-biggest iron ore producer Fortescue Metals Group Ltd (Fortescue) has announced its operating results for the second quarter of the current year. Fortescue CEO Nev Power pointed out that the company cut costs by 18 percent ...

Tags: Fortescue, Iron Ore Demand

Ocean Shipping in The Future to Force Down The Iron Ore's Price

May 8, 2013

BHP Billiton, the 3th world's biggest iron ore suppliers, expressed that the increase speed in iron ore supplies would accelerate and it would lead a lower price of iron ore. “The increase speed of supply will accelerate in the next ...

Tags: Iron Ore, Ocean Shipping

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