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Jun 25 2020 few shared this view particularly those who accused the large iron ore producers of flooding the market through excessive expansion and hurting iron ore prices as it turned out rio and bhp were 510 years too late as china produced close to 1 billion mt of steel in 2019 driving demand for raw materials
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In short iron ore supply is far tighter than expected and operational issues at mines and ports in australia and brazil can have a significant impact on iron ore prices source platts 20200630
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Iron ore please update the price if its closer to or at 100 rate preferably in nonallied port
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The carajs region is regarded as one of the most prospective mineral provinces in the world for the discovery of highgrade largetonnage coppergold and iron ore resources antas is a high
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Jan 17 2017 on monday import price for 62 iron content fines at the port of qingdao added 311 per tonne taking the price of iron ore to 8365 a tonne the largest single gain of this year so far
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According to a new report issued by the china iron and steel association cisa as of march 31 this year imported iron ore inventory at chinese ports totaled 163 million mt up 326 million mt and 204 percent month on month and rising by 210 percent year on year according to the cisa as of march 31 this year the composite steel price index cspi was down 1078 percent compared to the
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Iron ore prices 62 per cent cfr ranged between 78dmt and 126dmt over the first half of the financial year averaging around 95dmt the uneven nature of the recovery in brazilian exports and a patchy production period for the other seaborne majors in aggregate have kept the supply fundamentals tight against a backdrop of firmer than
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Jul 28 2020 iron ore prices have recovered steadily through the first half of the year from when the covid19 pandemic set in with fastmarkets iron ore 62 fe fines index increasing to a peak of 11248 per tonne cfr qingdao on july 14 from an intrayear low of 8038 per tonne cfr qingdao on february 3
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Jan 29 2020 the price spread between high and lowgrade iron ore had been widening in recent weeks amid tighter supply of toptier products from brazil due to heavy rainfall coupled with sustained demand for such materials among chinese mills keen to hold on to whatever profits they can in the face of steelmaking restrictions to lower emissions
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East asia and southeast asia continue to be among the top five importers of chinese steel products in april due to the competitive prices of the latter and the formers economic recovery from the covid19 pandemic fastmarkets understands
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