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Iron Ore Pricing Mining News An Commentary

  • Champion Iron posts record quarterly net income of …

    Champion Iron posts record quarterly net income of …

    Jul 29, 2021 Champion Iron is an iron ore exploration and development company with major projects in the southern Labrador Trough, Canada’s largest iron ore producing region. On April 11, 2016, Champion Iron officially became the new owner of the Bloom Lake mine facilities, acquired from Cliffs Natural Resources for $10.5 million.

  • Iron ore price fall yet to completely reflect in the ...

    Iron ore price fall yet to completely reflect in the ...

    Aug 23, 2021 The sharp drop in global iron ore prices is yet to completely reflect in the domestic market. A marginal drop in NMDC ore prices in July has not yielded much for the secondary producers, said industry executives. “Domestic iron ore prices need to correct by a good Rs 2,000 per tonne for us (domestic market) to be aligned with the global market.

  • Latest Resources & Mining Investment News

    Latest Resources & Mining Investment News

    Why the Evolution Mining Price Fell Today. Shares of ... The iron ore price is trading lower this week, now at US$88.20 per tonne. ... to give you intelligent and enjoyable commentary on the most ...

  • As iron ore prices eclipse their ...

    As iron ore prices eclipse their ...

    Apr 26, 2021 Iron ore market expert and Magnetite Mines (ASX:MGT) director, Mark Eames, has consistently said that production capacity for iron ore in Australia has not kept up with rising demand. This means that Australian shippers cannot easily crank out more volume even if they wanted to, and the pipeline of new projects is relatively thin.

  • IRON ORE DAILY: Prices decline on possible crude steel ...

    IRON ORE DAILY: Prices decline on possible crude steel ...

    Jul 02, 2021 Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $217.98 per tonne, down $1.34 per tonne 62% Fe low-alumina fines, cfr Qingdao: $219.57 per tonne, down $2.18 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $180.36 per tonne, down $2.15 per tonne 65% Fe Brazil-origin fines, cfr Qingdao: $251.60 per tonne, down $0.80 per tonne 62% Fe fines, fot Qingdao: 1,507 yuan …

  • Mining sector: Iron ore and copper prices soared on the ...

    Mining sector: Iron ore and copper prices soared on the ...

    Jan 29, 2021 Iron ore. The key ingredient for steelmaking, iron ore was the asset in which to invest to ensure good returns during the Covid-19 pandemic. It barely suffered from the drop in demand at the start of 2020 and its price has literally exploded since December 2020, reaching USD 163/MT (+ 32% from 1 December 2020 to 12 January 2021), that is, 53% higher than the average for 2020, which was …

  • NMDC hikes lump ore price by Rs 700 per tonne; fines by …

    NMDC hikes lump ore price by Rs 700 per tonne; fines by …

    May 12, 2021 The country's largest iron ore miner NMDC on Wednesday announced a hike in the prices of lump ore by Rs 700 per tonne and fines by Rs 1,500 per tonne with immediate effect. Iron ore is a key raw material used in steel making. Any change in its prices …

  • As iron ore prices surge, A Russian steelmaker ...

    As iron ore prices surge, A Russian steelmaker ...

    Jun 02, 2021 Russian steelmaker Severstal plans a major investment to develop an iron mine at the Pechegubskoe field, located near Olenegorsk in the Kola Peninsula. The field could provide resources for years to come for the company and its regional subsidiary Olcon. According to the developers, the project will strengthen the company’s resource base and consequently the

  • As iron ore prices surge, A Russian steelmaker ...

    As iron ore prices surge, A Russian steelmaker ...

    Jun 02, 2021 Russian steelmaker Severstal plans a major investment to develop an iron mine at the Pechegubskoe field, located near Olenegorsk in the Kola Peninsula. The field could provide resources for years to come for the company and its regional subsidiary Olcon. According to the developers, the project will strengthen the company’s resource base and consequently the

  • IRON ORE DAILY: Prices decline on possible crude steel ...

    IRON ORE DAILY: Prices decline on possible crude steel ...

    Jul 02, 2021 Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $217.98 per tonne, down $1.34 per tonne 62% Fe low-alumina fines, cfr Qingdao: $219.57 per tonne, down $2.18 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $180.36 per tonne, down $2.15 per tonne 65% Fe Brazil-origin fines, cfr Qingdao: $251.60 per tonne, down $0.80 per tonne 62% Fe fines, fot Qingdao: 1,507 yuan …

  • Iron ore prices to ease: Trading Economics

    Iron ore prices to ease: Trading Economics

    Jan 05, 2021 It also noted the active status of iron ore during the tail end of 2020, with the Dalian Commodity Exchange iron ore futures gaining almost 40 per …

  • Record international iron ore prices spur lower grade ...

    Record international iron ore prices spur lower grade ...

    May 21, 2019 Read more about Record international iron ore prices spur lower grade exports from India on Business Standard. In 2018-19, India became a net importer of iron ore. Inward shipment rose 43% to 12.3 mt as steelmakers prefer imported ore

  • As iron ore prices surge, A Russian steelmaker ...

    As iron ore prices surge, A Russian steelmaker ...

    Jun 02, 2021 Russian steelmaker Severstal plans a major investment to develop an iron mine at the Pechegubskoe field, located near Olenegorsk in the Kola Peninsula. The field could provide resources for years to come for the company and its regional subsidiary Olcon. According to the developers, the project will strengthen the company’s resource base and consequently the

  • As iron ore prices eclipse their ...

    As iron ore prices eclipse their ...

    Apr 26, 2021 Iron ore market expert and Magnetite Mines (ASX:MGT) director, Mark Eames, has consistently said that production capacity for iron ore in Australia has not kept up with rising demand. This means that Australian shippers cannot easily crank out more volume even if they wanted to, and the pipeline of new projects is relatively thin.

  • Iron ore mining not for the faint of ...

    Iron ore mining not for the faint of ...

    Nov 19, 2019 A quick Google of 30-year iron ore prices, for example, indexmundi.com, shows why Mary River had no chance of becoming a mine at historically flat and low prices. However, with an almost 500 per cent jump in prices, briefly in 2008, and then again, from 2010 to 2013, market optimism suggested mining at Mary River might be possible.

  • Stainless Steel News and Nickel Prices, Molybdenum, Metal ...

    Stainless Steel News and Nickel Prices, Molybdenum, Metal ...

    Your free daily news source for nickel, molybdenum, ferrochrome, chromium, iron ore and stainless steel market prices and news. Any reproduction in whole, or in part, without permission from the author is prohibited. copyright 2003-2021

  • Gold Snapshot: Eight companies on the hunt for more gold ...

    Gold Snapshot: Eight companies on the hunt for more gold ...

    2 days ago Gold Snapshot: Eight companies on the hunt for more gold. From the frozen Arctic to the sweltering tropics, Canadian gold seekers will be there. Buoyed by the strong price, activity in exploration and production continues to rise. Gordon Kirk, soil sampler at Banyan Gold's Hyland project in 2016. Credit: Banyan Gold.

  • Iron ore price up after mine closures in Brazil and China ...

    Iron ore price up after mine closures in Brazil and China ...

    Jun 14, 2021 Iron ore prices rose again on Monday on persistently tight supply and resilient Chinese demand. Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were up 0.7%, changing hands for $220.77 a tonne, according to Fastmarkets MB. Record steel production in China and persistent supply problems have pushed prices up in recent months.

  • Metals & Mining Insights | McKinsey & Company

    Metals & Mining Insights | McKinsey & Company

    Jul 07, 2021 Commentary Mining companies’ response to coronavirus. ... 2019 – A closer look at the lease auctioning process in India suggests a potential shift in the country's iron ore trade position. Article Managing industrials’ commodity-price risk. October 28, 2019 – Industrial companies can hedge an ever-increasing number of commodities, ...

  • Iron ore price: China’s empty threat to harm Australia

    Iron ore price: China’s empty threat to harm Australia

    May 21, 2021 ‘No chance’: China’s empty threat to harm Australia by stepping up domestic iron ore mining. China has this week taken tough new steps to hit Australia’s economy where it hurts most, but ...