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Jan 7, 2022Much to the surprise of miners and trade officials, iron ore prices in 2022 yo-yoed from an all-time high of $ a tonne on May 12 to slide to 16-month low of about $85 in November
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inquiry Feb 8, 2021Investment banks have a price target of $US150 to $US165 per tonne ($197 to $216/tonne) for iron ore 'Looking at the 2020s, we believe similar structural forces to those which drove commodities in the 2000s could be at play' Chronic underinvestment in new mines means supply has not kept pace with surging iron ore demand
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inquiry 6 days agoIndia iron ore price on 25 November 2022. Fri, 25 Nov 2022 03:59:34 GMT. Product Origin Spec. FOB Change CFR Qingdao Change Unit Basis Iron OrePellets India Fe % H O: % - ↑ - ↑ USD/Ton Chennai Paradip Iron Ore Fines India Fe % H O: % .
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inquiry On Friday, 62% iron ore was fetching US$/t, with 58% fines going for US$ At US$154/t, 65% iron ore fines were trading at a 17% premium. Fastmarkets senior price development manager Peter Hannah said traditionally price differentials had ebbed and flowed with mill profitability and coking coal prices.
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inquiry Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references. By contrast, the beneficiated ore segment - comprising pellet and concentrate - is smaller in terms of both ...
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inquiry Dec 21, 2020Prices of Dalian Commodity Exchange iron ore have risen more than 50% so far this year compared with hot-rolled coil steel's 20% gain and steel rebar's 12% increase, according to Bloomberg data. Prices have also increased in December. Yet, a disparity exists between international and domestic prices of iron ore.
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inquiry Jul 19, 2022At that point, the broker expects the iron ore price to rebound slightly. Goldman Sachs' forecasts are as follows: US$120 per tonne in 2022 US$100 per tonne in 2022 US$80 per tonne in 2022 US$75 per tonne in 2022 US$81 per tonne in 2022
inquiry Feb 26, 2021India's leading state that produces iron ore is Odisha. It accounts for more than 55% of the total production followed by Chhattisgarh producing almost 17%. This is followed by Karnataka
inquiry Dec 21, 2020Whatever the case may be, domestic iron ore prices across grades have doubled from Rs 4,000 per tonne to Rs 8,000 per tonne on average, causing a spike in the cost of steel production.
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inquiry Jan 6, 2021Iron ore prices are expected to be elevated over the near-mid-term due to supply-side constraints clubbed with a simultaneous robust revival in demand post Covid-19 led demand shocks, India Ratings and Research said on In its iron ore market review, the agency said the domestic supply shortage is primarily driven by a delay in the ramp-up of Odisha iron ore mines post auctions in ...
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inquiry Hectic Chinese buying has led to prices of iron ore rising by over 20% in little over a month in India. This, in turn, has left an impact on steel prices too, say traders. Traders told TOI the ...
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inquiry Jul 19, 2021The comparative low prices for scrap to iron ore -- at high outright prices for both -- compares to a six-to-eight price multiple for shredded scrap CFR Nhava Sheva over 58%-Fe iron ore fines during 2022, when iron ore was depressed. ... India's iron ore demand has risen with higher steel prices and recovery since the fourth quarter. Iron ore ...
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inquiry Feb 13, 2021The price per tonne of iron ore was Rs 4,500 in the e-auction held December 2, 2022. However, the base price per tonne of iron ore went up to Rs 6,000 in the e-auction held February 1, 2022. Observers attributed the sharp rise in price of iron ore to the participation of outside firms in the e-auction which pushed the per tonne price by Rs 7,050.
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