August 2020

IRON ORE DAILY: Futures ride weekend steel price gains

Iron ore futures rose on Monday August 31 due to a surge in steel prices over the weekend, but the physical market for the steelmaking raw material was largely stable.

Supply pressures weigh on seaborne prices for iron ore pellets

Prices for seaborne iron ore pellets softened in the week ended Friday August 28 on reduced demand but those for concentrate edged up.

IRON ORE DAILY: Seaborne prices up amid logistics concerns at Chinese ports

Seaborne iron ore prices rose on Friday August 28 amid concerns over logistics which have been limited by precautions taken by Chinese ports against typhoon Bavi, according to trade sources.

Chinese mills turn to crushing iron ore lump to fines with lump premiums at three-year low

At least two Chinese steel mills have turned to crushing iron ore lump into fines in the face of falling lump premiums, Fastmarkets learned this week.

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

IRON ORE DAILY: Prices down amid strengthening Tangshan sintering restrictions

Iron ore fines prices declined on Thursday August 27, with market sources saying that the further restrictions on sintering in the Tangshan area of northern China have depressed trading sentiment.

IRON ORE DAILY: Mills eye low-grade ore for blending, lending support to seaborne prices

Seaborne iron ore prices rose on Wednesday August 26 amid strong interest from steelmakers for high- and low-grade iron ore fines, trader sources told Fastmarkets.

Vale inaugurates 3mln-tpy iron ore grinding hub at China's Ningbo-Zhoushan port

Brazilian miner Vale has inaugurated an iron ore grinding hub at a terminal owned by the China-based Ningbo-Zhoushan Port Group (NZP), with three production lines and capacity for as much as 3 million tonnes per year, the company said on Tuesday August 25.

IRON ORE DAILY: Prices down amid Tangshan sintering restrictions

Prices for iron ore fines went down on Tuesday August 25, with market sources saying that the restrictions on sintering in the Tangshan area of northern China have affected demand expectations.

IRON ORE DAILY: Seaborne prices ease further amid limited trading

Seaborne iron ore prices eased for the second consecutive trading session on Monday August 24 amid limited trading activity, according to trade sources.