The iron ore price fell on Monday after its longest streak of weekly gains since January, hit by Beijing's latest warnings about increased market supervision as its seeks to curb price rises.
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The manganese market is not related to the iron ore market. Manganese ore is much less abundant than iron ore and consequently the manganese price is significantly higher than the iron ore price (currently double the iron ore price per tonne). In addition, a large amount of iron for steel production comes from recycled steel and this
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The Financial Times and its journalism are subject to a selfregulation regime under the FT Editorial Code of Practice. Iron Ore 62% Fe, CFR China (TSI) Swa price information, historical data, charts, stats and more.
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Each contract is 500 dry metric tons with a minimum tick size of per mt (or per contract). Full contact specifications are available on the CME Group website at /ironore. 6. Where does 'TSI' get the data it uses for its indices?
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Other articles where fines is discussed: iron processing: Lumps and fines: Asmined iron ore contains lumps of varying size, the biggest being more than 1 metre (40 inches) across and the smallest about 1 millimetre ( inch). The blast furnace, however, requires lumps between 7 and 25 millimetres, so the ore must be crushed.
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Price Volatility Drivers. Iron ore prices have been volatile since hitting a record level in May 2021, when they reached 237 per metric ton (MT) on the back of rising demand from China. In ...
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Monthly price chart and freely downloadable data for Iron Ore. Price in US Dollars per Dry Metric Ton. 360 month history. Toggle navigation ... Iron Ore Monthly Price US Dollars per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y ... Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously 63. ...
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On iron ore, production volume and value increase from 15,898 dry metric tons with an estimated value of million to 44,133 dry metric tons with an estimated value of million, yearonyear a difference of 28,235 dry metric tons and million.
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Along with the spot market, Vale is charging premium of about per dry metric ton over the normal price formula it applies for carajas ironore longterm supply contracts with Chinese steelmakers.
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Monthly price chart and freely downloadable data for Iron Ore. Price in Indian Rupee per Dry Metric Ton. 60 month history. Toggle navigation. ... Indian Rupee per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Sep 2023: (%) ... Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December ...
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In comparison to the seaborne prices, which is quoted in dollars per dry metric ton, the portside prices represent the Chinese yuan per wet metric ton value of iron ore available for the cash market with VAT and port fees included in the prices.
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Price of Iron Ore, () Price Chart. This chart reflects the average monthly price of Iron Ore Carajas in US cents per Dry Metric Ton Unit (units) Iron Ore Carajas. Price of Iron Ore, () US cents per Dry Metric Ton Unit. Other commodity price charts for : [shortterm graphs]
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per ton. Based on reported prices for iron ore fines (62% iron content) imported into China (cost, insurance, and freight into Tianjin Port), the highest monthly average price during the first 9 months of 2021 was per ton in June compared with the high of per ton in December 2020. The lowest monthly average price during the
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The Iron Ore China Portside Fines USD Seaborne Equivalent (Argus) Futures (product code PAU) is a new futures product offered by COMEX. This financiallysettled contract is based on the Argus PCX Seaborne Equivalent Index, and is quoted in USD per dry metric ton.
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Fortescue's iron ore fine and lump prices are about 312% less than benchmark prices agreed in May between Nippon Steel led Japanese steel firms with Rio Tinto for 97 cents per dry metric ton ...
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Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. ... USD per Dry Metric Ton 12/1/23 11:38 AM Copper: 8, : USD per Ton ...
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C1 cash cost FOB port per metric ton for iron ore fines exroyalties reached the lowest mark in the iron ore industry at US /t in 4Q15 vs. US /t in 3Q15. The reduction in C1 cash cost was mainly driven by the BRL depreciation and ... decreased from US /t in 3Q15 to US /t in 4Q15 on a dry metric ton (dmt) basis.
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The Platts spot iron ore lump premium assessment (IOCLP00) is of the premium a lump cargo commands over the price of fines as defined by the Platts 62% Fe Iron Ore Index, or IODEX. . Besides spot transactions, the assessment has also been used by miners, steelmakers and traders globally to price longerterm contracts.
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In 2022, the iron ore price grew to dollars per dry metric ton unit, which was the highest price since 2011. As of April 2023, the monthly iron ore price sat at about 117 dollars ...
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For the purpose of charging of export duty the assessment of Iron ore, determination of Fe contents is required to be made on Wet Metric Ton (WMT) basis which in other words mean deducting the weight of all impurities (inclusive of moisture) out of the total weight/Gross Weight to arrive at Net Fe contents. APPERANCE :
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In August 2023, iron ore was valued at approximately dollars per dry metric ton unit (dmtu), as compared to dollars per dmtu in the same month of the previous year....
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