Iron Ore Price Today - Iron Ore Sinks From Record High On Concerns Over China Crackdown Financial Times

September 18, 2021

1 day agoThe iron ore price fell on Thursday after China reported a drop in the countrys steel production in August. Data delayed at least 30 minutes.

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Iron ore price today. DCE iron ore futures continued to decrease slightly today the spot quotation decreased by around 35-40yuanmt over yesterday. Get updated commodity futures prices. Iron ore prices inch down amid weak buying interest.

Proposal to increase frequency of iron ore value-in-use indices. Live Iron Ore price in USD. Iron ore and steel prices in several regions around the world have been falling in August potentially signaling some softness in what has been a historically pricey ferrous scrap market.

Industrial production in China increased only 53 year-on-year in August of 2021 the least since July 2020. When economies are growing the need for steel in construction increases which drives the price up. Global economic growth is the primary factor that drives its supply and demand.

52 week range 16444 - 21180. Iron ore steel prices decline globally. If China is retreating from peak steel it could have ripple effects on scrap demand and prices.

It comes as the commodity price tumbles overnight and big miners weigh on the Australian share market. According to statistics Singapore iron ore futures fell more than 20 this week the worst weekly performance on record. On this site you get the real-time price of Iron Ore in US-Dollar.

Iron-ore prices touched record highs this year but look to suffer their biggest monthly loss ever as Chinas curbs on carbon emissions include limits on the output of steel. Some traders sell today with a quite pessimistic mind due to decreasing price. 1 day agoIron ore prices have dropped to a 10-month low as China made further calls to slow steel production causing major and minor iron ore miners to feel the.

1 day agoTodays losses can be almost solely blamed on the iron ore miners which are coming under a lot of pressure and this is after the iron ore price fell by around 6 per cent in the past day to. Todays Change -174 -128. Iron ore has been already under pressure since hitting a record high of.

Find information about commodity prices and trading and find the latest commodity index comparison charts. According to Fastmarkets MB benchmark. Singapore iron ore futures fell as low as 9950 on Friday falling below the 100 mark for the first time in 14 months.

1 day agoThe data have given fresh impetus to iron ores slide in recent days and spot prices which were as high as 220 a ton in July have now fallen to below 120. Iron Ore 62 Fe CFR China TSI Swa. 1 day agoThe price of iron ore is set to fall at a faster pace according UBS analysts.

1 Year change 555. Fastmarkets MB saw a US944t drop to US10721t in benchmark 62 fines. Other pricing agencies reported a 69 drop to US10635t as.

Singapore Sep 14 2021 1120. Iron Ore Fe is mined in around 50 countries worldwide and used to make steel buildings cars white goods etc. The benchmark price hit a record.

As the price of iron ore continues to fall its volatility has reached its highest level in five years. Spot prices of iron ore with 635 iron content for delivery to Tianjin fell to below 120 a tonne in mid-September the lowest level since last November after data from China added to signs of slowing demand. Steel mills tend to buy actively due to some of them would like to buy with current low price.

Get all information on the Price of Iron Ore including News Charts and Realtime Quotes. 1 day agoIron ore prices have been savaged in recent weeks and months falling more than 50 from giddy highs of over US230t to trade at around US106t this morning. Shanghai Sep 13 2021 1222.

Iron Ore Prices News and Analysis. SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices iron ore market analyses and news as it closely follows the main iron ore markets such as Australia Brazil and China. Singapore Sep 13 2021 1009.

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