China starts new 10b Oakajee iron ore push
A Chinese stateowned entity will seek to revive a billion mining rail and port project in Western Australia, in a move that could unlock the nation's next iron ore export province.
A Chinese stateowned entity will seek to revive a billion mining rail and port project in Western Australia, in a move that could unlock the nation's next iron ore export province.
Nov 30, 2015· Iron ore futures on Monday dropped below a closely watched level in Singapore trading — 40 a metric ton — for the first time ever.
Alumina Price Outlook. Ongoing uncertainties around the future of Rusal's Aughinish alumina plant, together with the partial closure of Brazil's Alunorte refinery, put upward pressure on prices. The commodity traded at USD 431 per metric ton on 3 August. The price was % higher than on the same day in July but was down % on a yeartodate basis.
Sentiment in the iron ore portside market stayed subdued on October 18, with more traders hurrying to sell their stocks at hand today. Anticipating that ore prices will continue declining, several traders even tabled significantly lower offer prices to prompt sales, according to a market watcher in East China.
Jun 03, 2019· Fall in global iron ore exports this year. 82 a tonne. Iron ore price prediction for 2019 . 2 years. of growth left in the Chinese iron ore market
While we maintain our steel average selling price (ASP) of RM2,100–2,300/tonne in FY19–21F, we raise our average iron ore price assumption to US90/tonne (from US85). We also maintain our flattish sales volume growth assumption of 0–1% against a backdrop of .
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Analysts are warning the bleak outlook for global economic growth is about to hit commodity prices, suggesting copper and iron ore could face falling prices next year on recessionary fears.
Most analysts now expect iron ore prices to average 8292/mt CFR over the balance of 2019. SP Global Platts assessed 62% Fe fines at /dry mt on Thursday. RBC Capital Markets described the price increases over the past five months as "exceptional" in a research note Friday.
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Iron ore. Iron ore prices (62%, CFR) ranged between US63/dmt and US80/dmt over the past six months, averaging US70/dmt (6 per cent YoY). Demand for high grade mainstream iron ore remained firm on the back of healthy pig iron production and exceptionally attractive steel margins created jointly by steel Supply Side Reform and production curbs aimed at air quality improvement.
Oct 11, 2019· India's Iron Ore: Average Sale Price: Fines: 55 58% Fe: Madhya Pradesh data is updated monthly, averaging INR/Ton from Sep 2011 to Jul 2017, with 35 observations. The data reached an alltime high of 1, INR/Ton in Dec 2013 and a record low of INR/Ton in Sep 2011.
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May 18, 2017· Until 2020, the price for this flake grade was expected to increase to 1,165 dollars per metric ton. Graphite prices depend on two factors – flake size and purity.
longterm price contracting buffered iron ore and steel margins from falling global prices; however, lowcost steel imports increased competition in the steel industry and reduced demand for domestic iron ore. iron ore production increased by 6% to million metric tons (Mt) of usable ore .