The price of iron ore hit a record high on Monday in the latest sign of booming commodity markets, which have gone into overdrive in recent weeks as large economies recover from the pandemic.. The

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2 days ago Iron ore futures in Singapore were at $96.10 a ton in the overnight trading session, after earlier touching $91.60, the lowest since Sept. 20. Prices in Dalian fell Tuesday, while rebar and hot

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May 24, 2021 (Natural News) Iron ore prices surged roughly 10 percent to hit an all-time high of almost $230 per tonne on Monday, May 10, according to a recent report from the Financial Times.. Iron ore prices have risen 85 percent since last March, reaching highs not seen in almost a decade.Copper also hit a record high of $10,747 a tonne. Both industrial metals are important steelmaking ingredients

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Sep 16, 2020 China’s insatiable demand for steel combined with a slow recovery in Brazilian supply after a series of outage events has lifted the price of iron ore to a six-year high of $130 a ton, but that

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14 hours ago Benchmark iron ore futures on the Dalian exchange dipped 0.4% to 590 yuan ($92.18) a tonne. Metals prices reached multi-year highs on supply

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1 day ago Chinese iron-ore futures slumped Tuesday as steel output in the world’s second-largest economy fell to its lowest level since March 2020 in late October. The decline in iron prices, in turn

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2 days ago Iron ore prices have continued to decline recently. Iron ore futures touched limit down in the morning market. The most-traded 2201 contracts created a record low of 565.5 yuan/mt, weakening the ferrous metals prices. SHANGHAI, Nov 2 (SMM) – Iron ore prices have continued to decline recently. Iron

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Nov 02, 2021 China's domestic rebar price has been on a downtrend since October 11 with the growing concern on the country's steel demand and little support from the steelmaking raw materials prices including iron ore, and the serious slumps in both rebar and iron ore prices on November 2 was a clear indication is that the market concern has been confirmed and winter has come to China's steel market

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Jul 19, 2021 China is the major demand driver for iron ore and it consumes more than 70 percent of the seaborne iron ore production. This time around as well, China-induced demand led to an iron ore price

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Aug 06, 2021 Iron ore prices slid to their lowest levels since April overnight, as speculation about Chinese steel production cuts delivered a hit to the Pilbara’s big iron ore miners. Prices fell 7.7% to US$169.30/t according to CommBank, while Fastmarkets saw them down US12.14 to US$171.55/t this morning after a 5.6% drop in Dalian futures on Thursday

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Nov 03, 2021 The prices plummeted to record low levels on Tuesday for the first time in a year on the back of a poor demand outlook and loose supply. The prices of Iron ore with 63.5% iron content for delivery in Tianjin reached the lowest level since May 2020 and 50% below its record high levels of US$229.5 per tonne, reached in May 2021

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Sep 20, 2021 Iron ore prices have tumbled to less than half their record high in May, squeezed by demand cuts in China and margin pressures from metallurgical coal prices soaring to unprecedented levels. The free fall in iron ore prices has been so fast that some portside traders in China are facing losses almost as high as the price of ore itself

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Apr 29, 2021 The month with the highest average iron ore price in 2020 was December, at 155.43 U.S. dollars per dmtu. Iron ore: market context and price fluctuation

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Iron Ore Prices. Iron ore prices have fluctuated over the past decade. Prices dropped from a high of $187 USD per metric ton in February 2011 to a low of $41 in December 2015. The price peaked above $100 in 2019 and above $150 in 2020. In 2021, the iron ore commodity price passed $200 USD/tonne

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Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up

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Oct 19, 2020 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

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Nov 02, 2021 Iron ore exports from the two countries increased by nearly one million tonnes to 23.96 million tonnes as of Nov.1, data from Mysteel consultancy showed. Daily crude steel output in the final third of October dropped to the lowest since March 2020, according to Mysteel, which cited a survey of 247 blast furnaces and 71 electric-arc furnaces

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