February 2017

IRON ORE PRICES: Benchmark index slips below $92 per tonne cfr China

Iron ore prices retreated again on Tuesday February 28 as ferrous futures tumbled across the board after surging just a day earlier.

Seaborne iron ore market weakens as futures plunge

The seaborne iron ore market weakened on Tuesday February 28, amid pressure from a softening steel market and tumbling futures.

China AM: Ferrous futures move amid higher Chinese crude steel output

China’s ferrous futures fell during morning trading on Tuesday February 28 after the release of statistics pointing to a rise in crude steel output in the country.

MB CHINA IRON ORE: Mill margins drive need for higher-grade iron ore premium

Handsome margins at Chinese mills will back up the preference and premium for higher-grade iron ore, according to speakers at Metal Bulletin’s China Iron Ore 2017 conference in Dalian.

IRON ORE PRICES: Benchmark index rises after output cuts announcement

Iron ore prices rose past $92 per tonne cfr China on Monday February 27 amid rising futures following an announcement by the Hebei government of output restrictions to combat air pollution.

Seaborne iron ore market gets boost from steel gains

The seaborne iron ore market followed the sharp rise in steel prices on Monday February 27 on concerns that production restrictions in Hebei province may have an impact on steel supply in the short term.

METALS MORNING VIEW 27/02: Metals prices consolidate after Friday's rebound

The base metals are for the most part on a back footing this morning, Monday February 27, with prices off an average of 0.2% - nickel and tin are the two metals bucking the trend with tin prices rising 0.8% and nickel prices up 0.4%, while the rest are weaker.

China AM: Futures mostly higher on Hebei production curbs news

China’s ferrous futures moved mostly higher during morning trading on Monday February 27 following output restrictions imposed on steel, iron ore and coking coal producers due to heavy pollution in Heibei province last Friday.