July 2020

IRON ORE DAILY: 62% Fe index hits 2020 high as seaborne gains continue

Fastmarkets’ iron ore index for 62% Fe fines, cfr Qingdao rose to its highest level in 2020 on Wednesday July 8, with iron ore prices continuing to strengthen amid the recovery in Chinese domestic demand for rebar.

IRON ORE DAILY: Seaborne prices increase on futures markets gains

Seaborne iron ore prices stayed bullish on Tuesday July 7, largely following the upward trend observed in the futures market, sources told Fastmarkets.

IRON ORE DAILY: Seaborne prices rise on active trading

Iron ore prices rose again on Monday July 6 amid active trading in the seaborne and futures markets.

Prices for seaborne iron ore concentrate, pellets dip amid limited demand

Prices for seaborne iron ore concentrate and pellets fell last week amid buyer resistance toward costly high-grade products.

IRON ORE DAILY: 62% Fe index returns to $100-mark amid gains in futures

Seaborne iron ore prices went up on Friday July 3, crossing the $100 per tonne threshold once more after falling below the mark in late June.

IRON ORE DAILY: Seaborne prices stable in active trading

Iron ore prices maintained their current level on Thursday July 1 amid active trading in the seaborne market and the ports in China, sources told Fastmarkets.

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

IRON ORE MONTHLY: SGX 65% Fe contract trading volumes hit new high

Robust steel production rates in China kept seaborne iron ore prices above $100 per tonne cfr China for the whole of June, but meager profit margins are beginning to keep Chinese mills away from higher grades of the steelmaking raw material.

IN CASE YOU MISSED IT: 5 key stories from July 1

Here are five Fastmarkets stories you might have missed on Wednesday July 1 that are worth another look.

Brazilian iron ore export volumes recover in June

Brazilian iron ore export volumes increased by 1.3% year on year in June, according to figures released by the country’s economy ministry on Wednesday July 1.