Iron ore

Tags - Iron ore
Seaborne pellet prices rose over the last week, driven by robust demand and gains in 62pc and 65pc fines indexes.
News ID: 8241    Publish Date : 2020/01/07

Seaborne pellet prices rose on the back of tight availability from key supplier India and continued sintering restrictions in some Chinese cities.
News ID: 8179    Publish Date : 2019/12/31

Fortescue Metals Group - world's 4th largest iron ore producer has increased sub-grade iron ore discount for SSF (super special fines) for Jan’20. SteelMint has learned from the market participants that FMG discount for SSF low-grade fines for the month of Jan’20 increased to 18% from 15% in Dec’19.
News ID: 8147    Publish Date : 2019/12/26

China's seaborne pellet prices were little changed as bids remained at around $113-114/dry metric tonne (dmt), although large Indian pellet producers were unwilling to sell at these prices because of robust domestic demand in India.
News ID: 8091    Publish Date : 2019/12/24

Odisha- India's largest iron ore producing state recorded total iron ore dispatches at 8.37 MnT in Nov'19, up 34% on monthly basis as against 6.23 MnT in Oct'19. The figures exclude movement for export and dispatches of miners- SAIL & Tata Steel.
News ID: 8037    Publish Date : 2019/12/13

Govt owned unit – SAIL had issued tender for sale of 10,00,000 MT iron ore fines. In recent update received, the company has extended due dates for fines sales from all its three mines in Jan’20. As per sources, due some state government clearance issues all three auctions have been re-scheduled in Jan’20.
News ID: 8034    Publish Date : 2019/12/14

Indian low-grade iron ore fines (Fe 57/58) export price has increased marginally this week to around USD 58-59/MT, CFR China witnessing a weekly hike of USD 1- 2/MT.
News ID: 8033    Publish Date : 2019/12/14

Essel Mining - a major iron ore miner in Odisha has increased its offers for iron ore lumps by INR 300-350/MT (USD 4-5/MT). Revised prices will come into effect from 15 Dec'19. However in fines price hike made is by INR 150/MT.
News ID: 8030    Publish Date : 2019/12/14

Australia - world's largest iron ore exporter has recorded rise in iron ore shipment for Nov’19, according to the vessel line up data maintained with SteelMint. Australia's iron ore export shipments recorded at 71.90 MnT in Nov'19, up 5% as compared to 68.33 MnT in Oct’19.
News ID: 8027    Publish Date : 2019/12/16

The Indian Bureau of Mines (IBM), Ministry of Mines, Government of India approved the Mining Plan of NMDC to enhance the production of iron ore from Kumaraswamy Iron Ore Mines from present level of 7 million tonnes per annum to 10 million tonnes per annum for the years 2020-21 and 2021-22. The said notification was issued by the Regional Control of Mines, Indian Bureau of Mines, Bangalore.
News ID: 8017    Publish Date : 2019/12/18

Australian iron ore mining company BHP has widened January-March discounts for some of its iron ore fines in response to a shift to higher-Fe ores at steelmakers.
News ID: 8002    Publish Date : 2019/12/18

China's seaborne pellet prices were little changed, with demand supported by sintering restrictions in parts of China and a seasonal shortage of domestic concentrate supplies.
News ID: 7992    Publish Date : 2019/12/17

Seaborne pellet prices were higher on the back of seasonal winter stocking of direct-charge materials and profitable steel mills buying more medium- and high-grade iron ore to maintain peak production rates.
News ID: 7899    Publish Date : 2019/12/10

Rio Tinto Group (ASX: RIO) lifted its spending on new iron ore projects in Australia to more than $4 billion with the approval of a replacement mine at a key hub, providing a further sign of the industry’s confidence in demand led by China.
News ID: 7858    Publish Date : 2019/11/28

The world’s biggest iron ore miners are looking for novel ways of satisfying their customers and protecting market share in the $150 billion global industry.
News ID: 7856    Publish Date : 2019/12/05

Brazilian miner Vale will complete an internal investigation this month into a tailings dam collapse that killed more than 250 people in January, its chief executive said on Wednesday.
News ID: 7855    Publish Date : 2019/12/05

China's iron ore imports fell by 2.4pc on the month to 90.65mn t in November, although volumes were around 8pc higher from a year earlier.
News ID: 7828    Publish Date : 2019/12/09

India's iron ore output is poised to post a sharp drop in the 2020-21 fiscal year starting 1 April, but it may not result in a significant spike in imports although domestic prices may increase.
News ID: 7779    Publish Date : 2019/12/05

Indian spot steel trades remained limited during the week-47 (16-23rd Nov'19). Participants mentioned that, inquiries were less than the average, however due to sufficient orders in hand, the producers have slightly change their offers.
News ID: 7747    Publish Date : 2019/11/23

SteelMint in conversation with market participants learned low-grade fines (Fe 57/58) export price picked up to around USD 55-57/MT as against last week's assessment at around USD 54-57/MT. The market is supported amid rise in Chinese demand and falling iron ore inventory at major Chinese ports & restocking ahead winters.
News ID: 7746    Publish Date : 2019/11/23

Most Like