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Seaborne Iron Ore Prices Reversed Losses Tuesday
Jul 11, 2014Seaborne 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 ...
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The Futures and Swaps Markets Recovered Some Ground
Jun 23, 2014Despite 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
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Prices for Seaborne Iron Ore Tracked Stronger Restocking Needs by Buyers
Jun 6, 2014Prices for seaborne iron ore strengthened further Wednesday, tracking stronger restocking needs by buyers eager to procure raw materials when the market is recovering. Platts assessed the 62% Fe IODEX at $95/dry mt CFR North China, up ...
Tags: Iron Ore, steel square
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Seaborne Iron Ore Cended a Two-Day Rally and Dipped Again, Tracking a Withdrawal in Buying
May 27, 2014The 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
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Spot Asian Coking Coal Prices Moved Sideways as Ominous Signals
May 21, 2014Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
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The Seaborne Iron Ore Market Ended a Brief Two Days of Gains Thursday
May 19, 2014The 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
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The Seaborne Iron Ore Market Reversed Losses as an Influx of Buying Activity Emerged
Apr 21, 2014The 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
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The Ferrous Scrap Market Was Stable in Eastern China This Week
Mar 26, 2014The ferrous scrap market was stable in eastern China this week, in tandem with the finished steel and rebar futures markets, market participants said Friday. Most traders were bearish, expecting further price cuts in the short term. ...
Tags: Ferrous Scrap, Rebar, finished steel
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Trader Procurement Continued to Boost Spot Demand in The Asian Iron Ore Market
Mar 17, 2014Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...
Tags: Iron Ore Market, spot demand, steelmaker
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Rebar Futures Increased in The SHFE on Expected Reduction of Output
Jan 20, 2014Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills. Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average ...
Tags: rebar futures, steel mills
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Rebar Futures in Shanghai Rose for a Second Day on Decrease of Money Market Rates
Nov 1, 2013It's reported that rebar futures in Shanghai rose for a second day on decrease of money market rates, indicating the cost of funding is dropping. Rebar for delivery in May on the Shanghai Futures Exchange (SHFE) hit RMB3, 601/ton or rose by ...
Tags: rebar, steel, Construction
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SHFE Dropped to Its Lowest by 2.1% to RMB 3,496/Ton,a 9 Month Low on Monday
May 30, 2013Chinese steel rebar futures for October delivery at Shanghai Futures Exchange (SHFE) dropped to its lowest by 2.1% to RMB 3,496/ton, a 9 month low on Monday since September 7th last year as China, the world's biggest steel consumer's ...
Tags: SHFE, steel, Construction&Decoration
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Sharemarket Was Flat in Mixed Trading with Resources Companies Down on The Back of Concern
May 29, 2013The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
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Asharemarket Broke a Five-Day Losing Streak as Japan's Sharemarket Stabilised
May 29, 2013The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
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Iron Ore Inventory Declines at Chinese Ports
Apr 18, 2013As of April 15, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 2.45 million mt or 3.36 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of April 15, the ...
Tags: Iron Ore Inventory, Mineral
