December 2014

Metal Bulletin Iron Ore Index ends turbulent year at $71.26

Spot 62% Fe iron ore prices inched up amid quiet trading activity on Wednesday December 31.

Traders anticipate higher seaborne iron ore prices at start of 2015

Seaborne iron ore, branded by many as "the worst asset in 2014", ended on a quiet note on the last day of 2014 with few trades concluded.

IRON ORE DERIVATIVES WRAP: Swaps prices inch down at year end

Iron ore swaps prices edged down on Wednesday December 31 as business wound down for the close of 2014.

China AM: Futures slide amid divided outlook

China’s steel and steelmaking raw material futures softened slightly during morning trading on the last day of 2014, with market participants’ outlook for the new year remaining diverged.

African Minerals shares remain suspended as director resigns

Another director has resigned from cash-strapped Sierra Leone iron ore producer African Minerals’ board.

Metal Bulletin Iron Ore Index jumps back above $70

Spot 62% Fe iron ore prices surged on Tuesday December 30 as higher futures prices boosted sentiment.

Seaborne iron ore prices breach $70 per tonne on strong futures

Seaborne iron ore prices rose above the $70-per-tonne threshold for the first time in three weeks on Tuesday December 30, amid strong support from ferrous futures.

China’s domestic iron ore concentrate prices down further

China’s domestic prices for iron ore concentrate slowed down the pace of its descent this week thanks to an uptick in the imported ore and billet markets.