The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) climbed 1.05 percent to 766.5 yuan (USD108.84) a ...
China Iron and Steel Association said spot prices rose more than 5% in more than three weeks between Nov. 7 and Dec. 2.
Today, DCE iron ore prices trended stronger, with the most-traded contract I2605 closing at 761 yuan, up 1.06% from the previous working day. Spot prices rose 3–5 yuan/mt from the previous day.
The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...
Plunging iron ore prices continue to weigh on the ASX's major miners. BHP Group Ltd (ASX: BHP), Rio Tinto Ltd (ASX: RIO), and Fortescue Ltd (ASX: FMG) have all seen their prices edge lower on Thursday ...
The price of iron ore has crashed recently — from more than $190 a ton in 2011, to about $60 today. Iron ore is the key ingredient in steel, and global demand for it, especially in China, is way down.
The iron ore price is heavily influenced by China's property market, as China is the largest consumer of iron ore for its development needs. Labrador Iron Ore Royalty earns income from a 7% royalty on ...
* Shanghai rebar slips to near two-week lows * Offer prices for imported ore in China unchanged * Interest in low-grade Indian ore ahead of monsoon season (Adds Rio Tinto, updates rebar price) By ...
Beijing steps up efforts to use coordinated iron ore buying to turn its huge demand into leverage over global producers.
SHANGHAI, June 16 (Reuters) - Spot iron ore prices stood unchanged for a second day on Thursday as miners held firm even as Chinese steel mills showed buying caution on expectations of further moves ...
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