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May 10, 2021 Brazilian Vale’s iron ore and pellet exports fell 25 million mt in calendar Q1 from the December quarter due to operational issues and maintenance at its S11D mine, according to company reports. S P Global Platts Analytics’ trade flow software cFlow shows that shipments from the four majors, plus Australia’s Roy Hill and Saldanha port in.Australia's total iron ore exports in 2020 were 897 million mt, just 89 million mt, or 11 , higher than in 2016. Brazil's exports last year were 396 million mt, compared with 374 million mt five years earlier, with production over the five-year period impacted by the tailings dam tragedy and subsequent recovery.
Steel raw materials analysis covering price of coking coal, scrap metals, iron ore (IODEX). Access Platts steel raw materials price assessments and reports.May 05, 2021 Australia’s total iron ore exports in 2020 were 897 million mt, just 89 million mt, or 11 , higher than in 2016. Brazil’s exports last year were 396 million mt, compared with 374 million mt five years earlier, with production over the five-year period impacted by the tailings dam tragedy and subsequent recovery.
May 23, 2021 Even steel producers in COVID-19-ravaged India are going flat out to increase exports, according to S P Global Platts. higher iron ore exports to.The global Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore global catalogue of price assessments. The various sections of this guide are designed to give Platts subscribers as much detail as possible about a wide.
May 15, 2021 Iron ore exports in low gear over January-April, need to ramp up Platts Analytics. Most major iron ore producers fell behind on their export guidance on an annualized basis over January-April which, along with a slow start to May, indicates potentially ongoing weak supply in 2021, according to S P Global Platts Analytics.Chinese domestic hot-rolled coil margins jumped by $70 mt in the space of a day on May 10 to reach a record $270.60 mt, despite the sharp increase in iron ore prices, Platts Analytics data shows.
Apr 29, 2021 Fortescue Metals Group is on track to deliver record iron ore export volumes in the same year that prices for the steel-making ingredient surged to new record highs but has also raised its capital.Iron nuts and bolts Globally, purchases of imported iron ore totaled US157.7 billion in 2020. Overall, the value of iron ore imports for all importing countries increased by an average 87.2 since 2016 when iron ore purchases were valued at $84.2 billion. Year over year, the value of iron ore imports accelerated by 9.2 from 2019 to 2020.
Major Brazilian iron ore miner Vale recently announced that it would move to base 100 of its Carajas fines exports on Metal Bulletin’s 65 Fe Brazilian Index (MBIOI-65-BZ), having already been pricing the majority of its volumes this way for several years. The company is also a key user of Metal Bulletin’s 62 Fe Iron Ore Index (MBIOI-62.1 day ago Brazilian exports of iron ore rose by 12.19 in June this year compared with the corresponding month of 2020, despite Vale closing down part of a large complex in southeastern Brazil, according to data published by the country’s economy ministry on Thursday July 1. Iron ore exports.
May 05, 2021 At the same time, iron ore made up almost a quarter of Australia's entire exports in 2019, 81.7 of which went to China. The lack of diversity in Australia's exports leaves it.One of the least volatile commodities in 2020, iron ore has outperformed metals and mining equities, which over the past seven years are roughly flat, while the S P GSCI Iron Ore index has.
Mar 30, 2021 Iron ore prices appear unstoppable having crossed $120 tonne driven by China’s appetite for steel. High iron ore prices are tipped to proceed into Q2, supported by rising steel manufacturing and lowered metal inventories, according to the newest S P Global Platts Iron Ore Steel Outlook.1 day ago Brazilian exports of iron ore rose by 12.19 in June this year compared with the corresponding month of 2020, despite Vale closing down part of a large complex in southeastern Brazil, according to data published by the country’s economy ministry on Thursday July 1.
Jun 11, 2021 Iron ore exports from top producers improved in May, but Rio Tinto and Vale will need to lift run rates over the second half of 2021 to meet their sales guidance, S P Global Platts wrote in a.Jun 28, 2021 Australia’s resource and energy exports are forecast to hit a record A$310 billion in 2020-21 and be even stronger in the 2021-22 financial year at A$334 billion on the back of strong demand for iron ore, base metals and new technology-related commodities.
May 15, 2021 Total imported iron ore stocks at China’s 45 ports under Mysteel’s weekly survey eased for the third week to a three-month low of 125.3 million tonnes by May 13, or down another 4.2 million.May 25, 2021 Iron ore markets were rattled by news Chinese officials were taking a close look at the soaring price of commodities, pledging severe punishment for.
Dec 03, 2020 Exports of goods and services to China are about 7 of Australia’s gross domestic product, and iron ore is the single-biggest category, at about.Iron Ore Price Outlook Iron ore prices continued to lose ground over the past month amid increased supply in the global market. On 6 November, the benchmark iron ore 62 Fe import price including freight and insurance at the Chinese port of Tianjin traded at USD 118.5 per metric ton (mt), which was 1.7 lower than on the same day in September.
Jun 02, 2021 The spike in iron ore exports is becoming a problem for Indian steelmakers, as they are struggling to get this critical raw material. China imports about 70 of the world’s iron ore production.Dec 16, 2020 Australia's iron ore exports swamp China's tariffs. Chinese tariffs have not been effective in denting Australia's export income yet, according to Westpac's chief economist Bill Evans, who said.
May 01, 2021 Iron ore smelter International sales of iron ore exported from all countries totaled US$140.1 billion in 2020, increasing by 97.9 since 2016 when iron ore shipments were valued at $70.8 billion. Year over year, overall iron ore exports gained 15.8 from 2019 to 2020. The biggest 2 exporters of iron ore, Australia and Brazil, generated about three-quarters (74.4 ) of worldwide iron ore export.Jan 21, 2021 Analysts said “Increase of 21 million tonnes of iron ore imports from India was a mere 1.5 of the total 1.4 billion tonnes of iron ore that China imported in 2020. That is nowhere near enough.
Iron ore exports also increased during the same period, despite the Iranian government's policy halting raw materials exports. Some 14.31 million mt of iron ore was exported by Iranian miners during the nine-month period at a value of $797.23 million, according to Imidro statistics.Dec 26, 2020 Australia’s government said it foresees China’s pull on Australian iron ore exports remaining strong in the next few years. “Mining exports are expected to fall by 0.5 per cent in 2020-2021 and grow by 5 per cent in 2021-2022,” it said in its mid-year economic report.
May 23, 2021 With the drop in prices, the giant Australian iron ore suppliers BHP, Rio Tinto and Fortescue Metals Groupmay lose ground on Monday. ASX futures were down 5.May 26, 2021 “Among the most affected could be iron ore exports from Australia, which has benefited massively from the sky-high prices in its main export – emboldening officials in Canberra to continue on.
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