Вантажi: Iron ore

Iron ore market // Week 2

January 19, 2024

            Iron ore quotes have dropped to a five-week low due to muted buying activity in China. Concerns about a potential shortage of the raw material, which had been roiling the market for several consecutive weeks, eased amid abundant stockpiles at China’s ports.

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.