December 2015

IRON ORE PRICES: Benchmark index hits $43.50 per tonne

Here are the key prices in the iron ore market on Thursday December 31, as at 7pm Singapore time.

Seaborne iron ore flat but port prices up on lower inventory levels

The seaborne iron ore market was largely unchanged on the last working day of 2015, but a drop in inventory levels at Chinese ports led to prices for materials sold there rising further.

China AM: Futures up on spot market surge

China’s steel and steelmaking raw materials futures went up across the board during morning trading on Thursday December 31 following solid gains in the spot steel market a day earlier.

2015 REVIEW: The dilemma facing Asian EAF mills

Steel executives at electric arc furnace (EAF) mills in Asia have been faced with a difficult dilemma in 2015, of whether to produce or not produce steel.

IRON ORE PRICES: Benchmark index rises to $43 per tonne

Here are the key prices in the iron ore market on Wednesday December 30, as at 7pm Singapore time.

Steel market gains boost iron ore prices further

The rebound in the Chinese steel sector continues to push iron ore prices upwards in both the seaborne market and ports in China, but enquiries appear to be thinning.

China AM: Futures edge down while spot prices rise

China’s steel and steelmaking raw materials futures inched down during morning trading on Wednesday December 30, despite an uptick in spot prices.

IRON ORE PRICES: Benchmark index jumps $1 to $42 per tonne

Here are the key prices in the iron ore market on Tuesday December 29, as at 7pm Singapore time.