Spot iron ore prices rose to around 130 a dry metric ton on Tuesday, according to commodity price reporting agency Argus. This is the highest level since 2014. This is the highest level since 2014.
Reuters. December 5, 2023 at 5:17 AM. SAO PAULO, Dec 5 (Reuters) Brazilian miner Vale said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024 ...
Dec 5, 202302:17 PST. VALE3. Brazilian miner Vale VALE3 said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024, against about 315 million tons this year.
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SAO PAULO, Dec 5 (Reuters) Brazilian miner Vale said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024, compared to about 315 million tons this year.
Iron ore prices. For that commodity indicator, we provide data from January 1960 to October 2023. The average value during that period was dry metric ton unit with a minimum of dry metric ton unit in January 1968 and a maximum of dry metric ton unit in June 2021. Definition: The price of iron ore in USD per dry metric ton.
Fortescue shipped million metric tons of ore in the June quarter, marginally lower than a year earlier. Costs are creeping up with fiscal 2024 capital expenditure seen at billion to ...
Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1990 to Oct 2023 about ore, iron, World, and price. Global price of Iron Ore. ... Units: Dollars per Metric Ton, Not Seasonally Adjusted Frequency: Monthly . Notes: Value represents the benchmark prices which are representative of the global market. ...
The Iron Ore China Portside Fines USD Seaborne Equivalent (Argus) Futures (product code PAU) is a new futures product offered by COMEX. This financiallysettled contract is based on the Argus PCX Seaborne Equivalent Index, and is quoted in USD per dry metric ton.
Price Volatility Drivers. Iron ore prices have been volatile since hitting a record level in May 2021, when they reached 237 per metric ton (MT) on the back of rising demand from China. In ...
In the last two years, the total volume of commodity flows was billion tonnes, with iron ore accounting for 60% of the volume and Australia remaining the top source country for Chinese bulk ...
US10 per dry metric ton. These operating costs apply to ore delivered to Ponta da Madeira Maritime Terminal. From there, the product is mainly shipped to Chinese steel mills, which accounted for nearly 40% of the company's gross revenue in 2014. The high quality of Vale's iron ore and the decrease in its operating costs are some key factors in
The contract is a financially settled futures contract referencing 'The Steel Index' ("TSI") iron ore price for "62% Fe fines delivered China". This contract is quoted in dollars and cents per dry metric ton. The contract is listed on a serial basis for 24 months. Each contract is 500 dry metric tons with a minimum tick size of
Contract Size 500 dry metric tons One Iron Ore 62% Fe, CFR China (TSI) Futures Contract Price Quotation dollars and cents dollars and cents per dry metric ton Min. Fluctuation per dry metric ton Floating Price The floating price for each contract month is equal to the average price calculated for all available price assessments
Monthly price chart and freely downloadable data for Iron Ore. Price in Pakistan Rupee per Dry Metric Ton. 60 month history. Toggle navigation. Commodity Price Indices . Commodity Agricultural Raw Materials Index; ... Pakistan Rupee per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Jan 2019: (%)
Price Chart Historical Data News. Prices for iron ore cargoes with a % iron ore content for delivery in Tianjin eased to 134 per tonne from the over oneyear high of 138 touched on November 22nd as regulatory action ramped up caution for purchasers. Market players noted that Beijing intervened in bid prices to limit speculatory ...
Analysis: The primary issue in these cases is whether the Fe (iron) percentage in iron ore fines should be determined on a Dry Metric Ton (DMT) basis or a Wet Metric Ton (WMT) basis for classification and rate of duty calculation. This matter was decisively settled by the Supreme Court in 1997 and was reinforced by CBEC Circular No. 4/2012Cus.
Local industries in Pakistan pay around USD 140150 per dry metric ton for iron ore with >60% iron as compared to hematite ore (having 45% iron content) at USD 50 per dry metric ton and coal at USD 120 per dry metric ton (coal with a 20 weight percent hematite concentration costs USD 24), and local electricity charges are USD per kWh ...
This chart reflects the average monthly price of Iron Ore Carajas in US cents per Dry Metric Ton Unit (units) Iron Ore Carajas. Price of Iron Ore, () US cents per Dry Metric Ton Unit. Other commodity price charts for : [shortterm graphs]
Vale (NYSE:VALE) % premarket Tuesday after disclosing it forecasts FY 2024 iron ore production of 310M320M metric tons, roughly the same as this year's expected output of ~315M tons. The ...
In a global context, the SP Global Platts IODEX, a benchmark assessment of the spot price of physical iron ore, was assessed at a record high of per dry metric ton on Friday, the third ...
In August 2023, iron ore was valued at approximately dollars per dry metric ton unit (dmtu), as compared to dollars per dmtu in the same month of the previous year....
Iron ore futures traded in Singapore ended at a metric ton on Thursday, up slightly from the prior close of The price has eased slightly from the recent peak of a metric ton on Sept. 15, but remains 17% above the low of hit on Aug. 3.
Monthly price chart and freely downloadable data for Iron Ore. Price in US Dollars per Dry Metric Ton. 180 month history. Toggle navigation. Commodity Price Indices . ... Iron Ore Monthly Price US Dollars per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y 25y 30y. Oct 2008 Sep 2023: (%)
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