Nettet24. jun. 2024 · Stock Image. Iron ore price rose on Friday despite a gloomy outlook for demand from top steel producer China. According to Fastmarkets MB, benchmark 62% … Nettet20. jun. 2024 · Benchmark 62% iron ore for delivery to north China , as assessed by commodity price reporting agency Argus, dropped to $121.95 a tonne on June 17, the lowest price since Jan. 1 and down 24%...
Iron ore markets short-term outlook April 2024 - Wood Mac
Nettet31. jan. 2024 · Report summary. Iron ore has bounced back with a vengeance with spot prices approaching $150/t CFR in the final few days of January. We have raised our Q1 … Nettet2 dager siden · OPEC's recent plan to cut oil production by 1.2 million bpd by the end of the year led the U.S. Energy Information Administration (EIA) to raise its oil price forecast for 2024 by 2.5%. SHANGHAI, Apr 12 (SMM) - OPEC's recent plan to cut oil production by 1.2 million bpd by the end of the year led ... channing bates catalog
Iron ore markets short-term outlook August 2024 - Wood Mac
NettetIron Ore 62% fe decreased 1.70 USD/MT or 1.51% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this … Nettet2. AUD/USD & AUD/JPY Analysis / Iron Ore & Inflation The Australian Dollar has weakened in recent weeks due to Iron Ore prices declining as China's zero covid policy has caused investors to fear a slowdown in the world's second-biggest economy. Australia exports 80% of Iron ore to China, so any slowdown in China will hit demand for … Nettet4. okt. 2024 · The report indicates an average price of $150 per tonne for 62% Fe iron ore in 2024, down from a forecast of $152 per tonne in the June report, while the average price outlook for 2024 has been lowered to $93 per tonne from $109 per tonne previously. Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao averaged $163.39 per tonne … harley\\u0027s hounds swadlincote