September 2016

IRON ORE PRICES: Benchmark index slides further towards $56 per tonne cfr

Iron ore prices continued to experience little movement on Wednesday September 28 ahead of China's week-long National Day break.

Ample supply weighing on offers in seaborne iron ore market

The seaborne iron ore market experienced little change on Wednesday September 28, with prices at Chinese ports remaining stable, though reports of a dip in trading activity have emerged.

China AM: Futures up after early week softness

China’s ferrous futures edged up during morning trading on Wednesday September 28 after declining for two consecutive days.

Steelmaking capacity cuts in China 'will depress iron ore prices'

A reduction in China’s steelmaking capacity is likely to lead to a fall in iron ore prices, the md of global trader Galex Steel International has told an industry conference.

IRON ORE PRICES: Benchmark index stays below $57 per tonne cfr

Benchmark iron ore indices dipped on Tuesday September 27 while international derivatives traded steadily downwards throughout the day.

Seaborne iron ore prices remain rangebound

The seaborne iron ore market was still active on Tuesday September 27, with traders stocking up for the post-holiday market, but prices remained relatively unchanged through the day.

Delegates at Cisa conference largely cautious for the long term

Participants of a major industry conference in north-east China’s Dalian city last week have a mixed outlook for steel and iron ore prices.

Roy Hill seals deals for bulk of its iron ore output

Emerging Australian miner Roy Hill has signed term contracts for over 90% – or 50 million tonnes – of the iron ore it expects to produce annually.