China iron ore futures report fourth weekly loss on weak ...
BEIJING/MANILA :Benchmark iron ore futures in China fell on Friday and logged a fourth straight weekly decline as industrial demand remained sluggish due to steel output curbs in the country ...
SGX iron ore rises on China demand hopes; Dalian benchmark ...
2 Iron ore prices have rebounded this month, with the benchmark 62% grade in China's physical market touching $120 a tonne on Friday, also a seven-week high, SteelHome consultancy data showed.
Iron Ore Rebounds With Metals on Hopes for China Property ...
Iron ore futures jumped more than 5% in Singapore, steel futures in Shanghai spiked to their daily trading limit, while stocks and bonds of property developers also surged. Aluminum in London rose more than 3% as China continues to control energy use, with freely available stocks of the metal at the lowest levels since 2005.
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Stock Image. The iron ore price rose on Friday even as production at steel mills stayed sluggish amid government curbs in China. Capacity utilisation rates of blast furnaces at 247 steel firms ...
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Iron ore price falls to lowest since May 2020 as China ...
The price of iron ore has tumbled again to its lowest level in 18 months as demand from China for the steel making ingredient plummets but in worrying signs, experts warn that it is yet to hit ...
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The price of spot iron ore for delivery to north China, as assessed by commodity price reporting agency Argus, slumped 22.2% from the previous week to end at $100.45 a tonne on Sept. 17. The ...
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Iron Ore Surges as China's Steel Mills Prepare to Restock
28 November 2021, 11:46 pm · 1-min read. (Bloomberg) -- Iron ore futures in Singapore jumped nearly 10% as optimism over a bout of restocking by China's steel mills added to tailwinds from the ...
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The prices of #304 cold-rolled stainless steel were reduced by 600 yuan/mt, and the quotation range was 19,300-20,100 yuan/mt. The average price of #304 hot-rolled stainless steel dropped by 700 yuan/mt, and the quotation was between 19,000-19,400 yuan/mt. The overall transaction in the market was subdued. The halt of the production again at ...
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Property demand weighs on iron ore: CBA. Commbank analyst Vivek Dhar said he sees downside risk to the iron ore price below the Commonwealth Bank's US$100/t 2021 price forecast due to weak sentiment in the Chinese property market and lower infrastructure investment by the Chinese Government. Steel mill margins have also been crimped in recent ...
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India's largest government-owned iron ore producer NMDC has recently reduced the price of 65% ferrous (fe) content lump material by Rs 200 to Rs 5,950 a tonne and that of 64% fe endowed fines by ...