May 2019

IRON ORE DAILY: Seaborne prices exceed $100 per tonne for first time since May 2014 [CORRECTED]

Physical iron ore markets continued to strengthen on Friday May 17, with the seaborne price breaching $100 per tonne cfr China for the first time in five years amid bullish futures.

IN CASE YOU MISSED IT: 5 key stories from May 20

Here are five Fastmarkets MB stories you might have missed on Monday May 20 that are worth another look.

Vale takes emergency measures on fear of possible dam rupture

Brazilian miner Vale has taken preventive measures on fears of a possible rupture at its Sul Superior dam, which include the building of a containment structure and emergency training with nearby residents.

Seaborne iron ore pellet, concentrate prices improve amid general upturn

Seaborne iron ore pellet and concentrate prices picked up moderately in the week to Friday May 17 as the iron ore market generally strengthened.

Steelmaking Raw Materials Trade Log, May 17, 2019

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

Alert raised on Vale's Sul Superior tailings dam

Brazil’s Vale has detected movements in a pit at the northern slope of its Gongo Soco mine in the country's northeastern Minas Gerais state that could lead to a displacement of the slope and affect a nearby tailings dam.

PEOPLE MOVES: LKAB appoints Petäjäniemi senior VP, streamlines group management

Swedish state-owned iron-ore producer LKAB is to appoint Markus Petäjäniemi to the role of senior vice president, where he will lead the newly formed market and technology unit, the company said on Thursday May 16.

IRON ORE DAILY: Prices surge toward $100 per tonne on strong sentiment

Seaborne iron ore prices jumped closer to the $100-per-tonne-cfr mark while setting a five-year high on Thursday May 16 amid bullish market sentiment.

Steelmaking Raw Materials Trade Log, May 16, 2019

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

IRON ORE DAILY: Prices rebound amid futures gains, BHP maintenance news

Seaborne iron ore prices picked up on Wednesday May 15 following gains in China’s futures market, and amid concerns that BHP’s mine maintenance could affect supply at a later date.