Coking coal price talks stall as steelmakers miners spar
Jun 01, 2017 Prices for Australian premium coking coal surged to as high as $314 a ton earlier this year after Cyclone Debbie hit Queensland. They were quoted by …
Iron ore price falls as China cuts steel output
Aug 02, 2021 Bloomberg reported that daily crude-steel output at major mills fell 5.6 per cent in the first 10 days of July from June. It followed a drop of 5.6 per cent in June. China’s most recent push ...
Demand for high grade iron ore is stronger than ever and
Jul 20, 2021 “If we are to see iron ore prices start to decline … what steel mills are going to start looking for is the premium products. “At the other end of the spectrum, at less than 60%, you may start to see some of those struggle a little bit first if prices were to come off.
Iron ore exports India puts an end to decades old pacts
Jun 18, 2021 India has been a regular exporter of iron ore to the Japanese steel mills (since 1963) and Posco, South Korea (since 1973). In the last renewal in 2018, a total of 5.5 million tonne per annum ...
EUROPE BEAMS Mills continue to command higher prices
Jul 07, 2021 Steel H-beam prices in Europe moved up on Wednesday July 7, with mills continuing to achieve higher prices, sources told Fastmarkets. Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €1,050-1,070 ($1,244-1,267) per tonne on July 7, up from €1,030-1,050 per tonne on June 30.
Material Matters Nickel Aluminium amp Iron Ore FNArena
May 05, 2021 Iron Ore. Citi expects iron ore prices will set new highs of US$200/t over the next few weeks before consolidating to an average of US$185/t, and US$160/t by the fourth quarter of 2021. Despite upgrading expected earnings, the broker downgrades Mineral Resources ( ( MIN )) to Neutral from Buy and Champion Iron ( ( CIA )) to Sell from Neutral.
BHP wants a new pricing system The Australian
China was badly outmanoeuvred in the 2006-07 price talks when its intransigence caused Brazilian iron ore giant CVRD to bypass it and set the price, a 19 per cent rise, with German steel mill ...
Iron ore talks set for overtime as China holds out The
Jun 30, 2009 Negotiations go down to the wire, and 11th hour deal is unlikely as China, Rio stick to their positions
China iron ore price sees worst week in 17 months on steel
Jul 23, 2021 Dalian iron ore was set on Friday for its steepest weekly drop in 17 months, as China’s intensified drive to lower steel output prompts mills to start cutting production to avoid sanctions. The ...
Iron ore export to Japan to continue despite withdrawal of
Jun 29, 2021 In 2019-20, NMDC exported 2.44 million tonne (MT) iron ore, but it came down by around 6% to around 2.3 (MT) in 2020-21. There have been no …
See Iron Ore Prices At $150 Tonne By Q4 Of 2021 Wood
Aug 17, 2021 Talking about their target for iron ore prices, Kendall said, “We are focusing on $150 per tonne levels in Q4 of this year, but the spot price would probably likely be closer to $130 a tonne by the end of the year.”. “So we still see a bit more downside to price, but certainly not a collapse in prices. And if prices can be in $130 to $150 ...
japan mills set to start iron ore price talks
japan mills set to start iron ore price talks. Trade review: Soaring iron ore prices set to face Iron ore prices in Q1 will likely find support in lower supply from Australia and Brazil due to wet weather curtailing exports The Platts Iron Ore Steel Outlook survey for the quarter found that 62% of respondents expected the IODEX to sit just ...
Strong Q4 steel prices to support Japan scrap market
Oct 01, 2020 Despite a recent drop in Japanese export scrap prices, key scrap buyer mill Tokyo Steel has held its buying price since its last purchase price increase on September 15. The steelmaker says that it is paying 26,000 ($246) per tonne for H2 at its Utsunomiya works.
NMDC's export contracts with Japan and Korea come to a
Jun 18, 2021 Global steel prices have been high in the first four months of this year and producers were struggling to supply as there was a huge shortage of raw material, iron ore. As per data from the government officials, iron ore exports from India increased 66% to 22.42 mt in 2020-21. Iron ore production in India fell almost 44 mt to 202 mt in 2020-21.