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seaborne prices
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Goldman Sachs Lowers 2017 Iron Ore Price Forecast $5/Dmt to $35/Dmt CFR China
Dec 18, 2015Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
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Asian Iron Ore Prices Hit $44/Dmt, Lowest Recorded on Iodex
Nov 25, 2015Seaborne 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
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India Fomento to Ship Its 1st Iron Ore Since Mining Ban Nov 5-15: Sources
Nov 4, 2015West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...
Tags: Fomento Resources, seaborne prices, Iron Ore
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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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China's Steel Production Has Plateaued and Mills Complys with Tougher Anti-Pollution Ways
May 11, 2014China's steel production has plateaued and mills are focusing on complying with tougher anti-pollution measures instead of expanding capacity, a senior official at the China Iron and Steel Association (CISA) said on Wednesday. The fight ...
Tags: Steel Production, Iron, Steel
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Seaborne Prices at China's Southern Ports Searched for Direction in Thin Asia Trade
Mar 26, 2014Seaborne prices at China's southern ports searched for direction in thin Asia trade Monday as currency and freight issues for the most part precluded deals in the CFR South China market, said traders. The Platts/Fenwei CFR South China ...
Tags: Thermal Coal, China market, weaker currency
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Cloud Peak Energy Completed a Test Burn Shipment to Japan During The Third Quarter
Nov 1, 2013Cloud Peak Energy completed a test burn shipment to Japan during the third quarter and continues to look toward Asia for future demand growth, as increased domestic demand for US Powder River Basin coal during the period failed to boost ...
Tags: Coal, Metallurgy, Mineral, Energy
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China's Imports of Thermal Coal Could Contract in 2013 as Demand Growth
Apr 16, 2013China's imports of thermal coal could contract in 2013 as demand growth in the seaborne market is expected to moderate to 2% over the next four years, Goldman Sachs warned in a research note on Friday. "We believe 2013 will represent a ...
Tags: Thermal Coal, Chemicals
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Chinese Buyers Were Bargain-hunting in The Seaborne Market
Mar 18, 2013Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...
Tags: Chemicals, CFR Cargoes Trade, Chinese Market
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FOB Prices Came Under Intense Pressure Thursday From a Firmer Freight Market
Mar 11, 2013FOB prices for Australian 5,500 kcal/kg and 6,000 kcal/kg net-as-received spot cargoes came under intense pressure Thursday from a firmer freight market, lower Asian physical demand and weaker prices for domestic coal in China, market ...
Tags: spot cargo, Thermal Coal, Asia