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.
Iron Ore increased 5.50 USD/MT or 5.98% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore reached an all time high of 200 in November of 2007.
All the latest breaking global iron ore and coking coal news, prices and expert market analysis. Start your 7 day free trial to Fastmarkets MB today IRON ORE DAILY: Seaborne prices rebound amid strong steel market. Singapore May 21, 2020 @ 13:15
Iron Ore Coal & Coke Ferroalloy Scrap Pig Iron Freight. Non Ferrous . Copper Nickel Aluminum Zinc. Service . Buy & Sell Price Index Research Centre Events Publications. May 24, 2020 Sunday. You are here: China Iron Ore Spot Price Index (CSI) China Iron Ore Spot Price Index (CSI)|China Steel Production Cost Index
2020-01-26· The increase in the magnetite iron ore price today per ton in Iran's ports has been impressive due to the global rise in prices. The price of iron ore 62 fe has experienced a tangible increase of $ 15 from $ 55 to $ 69.8 since 2019. The global price of iron ore 62 fe cfr china in main ports for increased to $ 120.
Price History Iron ore. The price of this metal, like any other commodity, is largely dictated by the amount of supply and the level of demand. However, its prices can also be affected by speculation, especially when new markets emerge than affect the demand or
2020-01-25· Iron ore Platts price today is often the benchmark for global transactions between traders. The standard difference for the analysis of iron ore is also based on the penalties and the premia included therein. Iron ore platts index. The Platts site contains articles about the latest prices
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, India and China.
As an international price reporting agency (PRA), Metal Bulletin has developed a comprehensive suite of iron ore price indicators, indices and differentials. They are referenced globally throughout the steel supply chain. In the early days of iron ore’s derivatives market development, the Singapore Mercantile Exchange (SMX) was one of the first exchanges to offer a futures contract, based on