Вантажi: Iron ore

Iron ore market // Week 52, 2023 – week 1, 2024

January 12, 2024

            Prices for imported iron ore are climbing up in China. They have reached the highest levels in the past year and a half by January 5 owing to optimistic outlook for the developments in Chinese ore consuming industries and rumors about possible reduction in supplies from Australia.

Iron ore market // Week 51

December 29, 2023

            World iron ore prices have increased slightly amid improving economic prospects in China. However, trade in the segment of finished steel products in China has slackened due to approaching long winter holidays.

Iron ore market // Week 50

December 21, 2023

            Quotes for iron ore of literally all origins have been fluctuating during the week. Despite encouraging expectations on most market insiders for December, the market conditions have worsened amid growing stocks at China’s ports and overall sluggish demand. Thus, iron ore stockpiles have increased by 2.9 million t to 113.6 million t in Chinese…… Read more »

Iron ore market // Week 49

December 15, 2023

            Prices for imported iron ore continue going up in China, reaching a new high in the past year and a half. The market is significantly influenced by news from Vale, the world’s second-largest iron ore producer.