Iron Ore Price Index

The assessment is based on a standard specification of iron ore fines with 62 iron 225 alumina 4 silica and 009 phosphorus among other gangue elements. 50340 3073 Line Chart.

It S Worth Pointing Out That Iron Ore Prices Have Been Highly Volatile This Year Iron Ore Prices Had A Bad August Questi Forex Brokers Forex Iron Ore

Iron Ore Monthly Price - US Dollars per Dry Metric Ton.

Iron ore price index. The demand for the steel is soaring but the demand for iron ore is in decline. Iron Ore - data forecasts historical chart - was last updated on September of 2021. Therefore the Iron Ore price index means that the values provided are relative to Jan 1 2019 which is defined as 100.

Meanwhile the price of iron orethe most important ingredient of the steel businesshas sunk more than 40 since the middle of July. SP GSCI Iron Ore. 6m 1y 5y 10y 15y 20y 25y 30y.

Closing price open high low change and change of the Iron ore fines 62 Fe CFR Futures for the selected range of dates. Historically Iron Ore reached an all time high of 22950 in May of 2021. China Imported Iron Ore Price Fe.

62 Fe fines 58 Fe fines 65 Fe fines 625 Fe lumps premium 65 Fe concentrates premium 65 Fe pellets premium. MMi Daily Iron Ore Index Report September 15 2021. China Domestic Iron Ore Price Fe.

For iron ore products traded on a 62 Fe index or a basket of 62 Fe indices and will refer to the SGX 65 Fe forward curve for iron ore products traded on a 65. The physical port stock prices plummeted further and PBF in Shandong market was closed at 880yuanmt with price drop of 20- 30yuanmt. The iron ore spot price became a mature benchmark in 2008 when Platts started publishing daily assessments.

On 6 August the benchmark iron ore 62 Fe import price including freight and insurance at the Chinese port of Tianjin traded at USD 1750 per metric ton mt which was 212 lower than on the same day last month. 62 CFRSHCNIOI 13216USDt986 0152-1028-1361-929. Iron Ore 62 fe decreased 2202 USDMT or 1413 since the beginning of 2021 according to trading on a contract for difference CFD that tracks the benchmark market for this commodity.

72 of retail CFD accounts lose money. China Imported Iron Ore Price Fe. Index-Linked Products News Research.

Live Iron Ore price in USD. Seaborne Iron Ore Price Index. The industry standard specification is 62 Fe CFR China.

The developments are expressed as an index and not in absolute terms. 65 CFRSHCNIOI 15621USDt1170 243191-721. However the price was up 87 on a year-to-date basis and it was 477 higher than on the same day last year.

Conversely when margins fall away mills look to the cheaper low-grade ores to reduce costs and minimize their production rates. Feb 2021 - Jul 2021. 52 week range 16444 - 21180.

China Iron Ore Price Index SHCNOI 1096 3-575-1124-383. 58 Fe Fines MBIOI-58 3. Feb-2021 Mar-2021 Apr-2021 May-2021 Jun-2021 Jul-2021 15561 16256 16952 17647 18343 19038 19733 20429 21124 2182 22515 US Dollars per Dry Metric Ton.

65 Fe Fines Brazilian Origin Index MBIOI-65. The SP GSCI Iron Ore provides investors with a reliable and publicly available benchmark for investment performance in the iron ore market. We publish fourteen individual iron ore indices each representing different parts of and values in the iron ore market.

In Tangshan market PBF was closed at. 58 Fe Fines High Specification Premium MBIOI-58P 4. Platts Iron Ore Index or IODEX IODBZ00 is a benchmark assessment of the spot price of physical iron ore.

Iron ore fines 62 Fe CFR Futures historical prices. 65 SHCNDOI 1306 -059-577. Inter-grade price spreads tend to expand during these times and high-grade indices such as the MBIOI-65-BZ and Metal Bulletin 66 Fe Concentrate Index MBIOI-CO usually extend their premiums to the MBIOI-62 and Metal Bulletin 58 Fe Iron Ore Index MBIOI-58.

Todays Change -174 -128. Iron ore any origin fines spot. 85023 USD -161 1 Day.

1 Year change 555. 62 Fe Fines MBIOI-62 2. This post is a summary of the Iron Ore price index developments since 2005 as per the IMF.

Historically Iron Ore 62 FE reached an all time high of 21977 in July of 2021. The Steel Index and Metal Bulletin followed suit shortly afterwards. According to one index the futures price for one ton of hot-rolled coil steel is roughly 1923 up from 615 last September.

Portside Iron Ore Price Index Domestic Iron Ore Price Index. Iron Ore is expected to trade at 12568 USDMT by the end of this quarter according to Trading Economics global macro models and analysts expectations. Iron Ore 62 Fe CFR China TSI Swa.

Iron Ore Price Outlook Iron ore prices tumbled in recent weeks due to signs of waning demand from China and increasing supply. DCE iron ore futures market continued dropping tendency and I2201 recorded new low since from last May to 6825yuanmt. The price of steel has climbed all year.

On this site you get the real-time price of Iron Ore in US-Dollar.

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