April 2021

Angola to export first iron ore since the 1970s

The first shipment of iron ore to leave Angola since 1976 left the Cutato mine in Cuando Cubango province by rail on April 10-11, according to Jamie van Reijendam, general manager of global trade at London trading house Ronly

IRON ORE DAILY: Seaborne prices rangebound amid low liquidity

Seaborne iron ore prices were largely unchanged due to a lack of liquidity in the market on Friday April 16, sources told Fastmarkets.

FMG marks 1.5 bln tonnes of iron ore exports since founding

Australia’s Fortescue Metals Group (FMG) said on Friday April 16 that it had exported over 1.5 billion tonnes of iron ore from the country’s Pilbara region to customers in China and other markets since its establishment in 2003.

IRON ORE DAILY: 65 Fe index hits record high

Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao reached a historical high on Thursday April 15 with the surge supported on demand for high-grade iron ore due to mills’ healthy margins, sources said.

IRON ORE DAILY: Demand for low-grade fines slows amid firm demand for high-grade fines

Seaborne iron ore prices made largely rangebound movements on Wednesday April 14 except for the low-grade fines price, which fell amid weaker demand from steelmakers, sources said.

IN CASE YOU MISSED IT: 5 key stories from April 13

Here are five Fastmarkets stories you might have missed on Tuesday April 13 that are worth another look.

INTERVIEW: Stephen Montague - Midrex Technologies

Stephen Montague tells Fastmarkets about his passion on the importance of people in his company’s success and the attitude and focus needed to have a positive impact in a decarbonizing steel industry.

IRON ORE DAILY: Lump prices perform amid emissions restrictions

Iron ore prices mostly decreased on Tuesday April 13 while iron ore lump gained on demand for direct-charge materials under emissions restrictions, sources said

China’s iron ore imports rise 18.9% in March

China imported 102.11 million tonnes of iron ore in March, up by 18.9% compared with 85.91 million tonnes a year earlier, Chinese customs data released on Tuesday April 13 showed.

IRON ORE DAILY: Healthy steel margins drive seaborne prices despite steel price drop

Seaborne Iron ore prices moved up on Monday April 12 amid steelmakers reporting healthy steel margins, sources told Fastmarkets.