December 2017

IRON ORE PRICES: Benchmark index surges to $74 per tonne cfr China

Iron ore prices rose beyond $74 per tonne cfr China on Monday December 18 on the back of a strengthening futures market and increased demand, particularly for high-grade products.

Prices for higher-grade seaborne iron ore rise further

Demand for high-grade iron ore fines continues to grow, with strengthening futures sending prices upward and keeping premiums steady on Monday December 18.

Steelmaking Raw Materials Trade Log, December 18, 2017

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

METALS MORNING VIEW 18/12: Metals consolidate, most with upside bias

Base metals prices on the London Metal Exchange are for the most part stronger this morning Monday December 18 - the exception being copper where prices are down 0.3% at $6,884 per tonne, while the rest are up an average of 0.4%.

China AM: Ferrous futures weaken amid impending export tax cuts

China’s ferrous futures were subdued on Monday December 18, with the steel contracts experiencing big drops in particular with Chinese market participants gauged still gauging the implications of the country’s new export tax regime for steel products.

IRON ORE PRICES: Benchmark index rebounds past $71 per tonne cfr

Iron ore prices jumped past $71 per tonne cfr China on Friday December 15 after a surge in the number of transactions involving higher-grade materials.

Steelmaking Raw Materials Trade Log, December 15, 2017

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

Higher-grade seaborne iron ore sees trading spike ahead of weekend

A slew of seaborne iron ore cargoes with grades exceeding 61% Fe changed hands on Friday December 15 following an uptick in the futures market.

China AM: Ferrous futures recover some losses

China’s ferrous futures posted some gains across the board during morning trading on Friday December 15.

IRON ORE PRICES: Benchmark index slides below $70 per tonne cfr

Iron ore prices slipped below $70 per tonne cfr China on Thursday December 14 amid an inactive seaborne market.