Iron ore stocks fall after China offers no new stimulus package

The news: Iron ore stocks have dropped after China's economic agency failed to provide new stimulus announcements as anticipated at a briefing on Tuesday. The numbers: Materials was the worst performing sector on the ASX at 1:40pm AEDT, down 2.36%, reversing earlier gains. Fortescue (-2.2%), Champion Iron (-1.9%) and BHP ( …

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DAILY: China's imported iron ore prices climb steadily

Chinese imported iron ore prices for both port stocks and seaborne cargoes headed higher on September 27, with the commodity still being supported by China's fresh economic stimulus announcements. Trading activity in the portside market was also brisk today. ... DAILY: China import iron ore prices continue rising on DCE …

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Iron Ore Price Forecast | Is Iron Ore a Good Investment?

Iron ore price performance 2022. The price of iron ore (62% Fe) hit a record high of $219.77/tonne in July 2021. Producers struggled to increase their output to meet a rebound in demand as economies started to reopen amid easing Covid-19 …

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Iron ore price spikes briefly as China plans fresh fiscal briefing

Iron ore rose 0.2% to $105.25 a ton in Singapore as of 3:04 p.m. local time, after falling 5% on Tuesday, China's first day back from a week-long public holiday. Copper was up 0.2% at $9,765 a ...

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Iron Ore Price

Historically, Iron Ore reached an all time high of 219.77 in July of 2021. Iron Ore - data, forecasts, historical chart - was last updated on October 10 of 2024. Iron Ore decreased …

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Iron ore prices lack conviction despite China stimulus …

The balance of risks for iron ore prices are tilted to the downside despite top buyer China's most recent steps to boost its struggling property sector. A series of stimulus measures... -May 28, 2024 at 01:03 am EDT - MarketScreener

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Iron ore price jumps 10pc to over $US110 as China steps up …

Fortescue jumped 2.9 per cent to $20.68, Mineral Resources 5.9 per cent to $52.04, and BHP 2.7 per cent to $45.96. The S&P/ASX 200 set a fresh record of 8285.7 …

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Metal stocks melt as China state planner's stimulus plans …

Metal stocks melt as China state planner's stimulus plans disappoint, iron ore prices tumble China's National Development and Reform Commission (NDRC) disappointed investors by withholding major ...

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Imported iron ore prices: China's major cities (Oct 12, 2024 …

Imported iron ore prices: China's major cities(Oct 12, 2024 09:23), collected from the Mysteel team on the ground across China.

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China halts new steel plants as crisis-hit industry reels

Iron ore prices have fallen as the dire situation facing Chinese steel makers has become more apparent in recent weeks. They have lost 10 per cent so far this quarter, touching the lowest since ...

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China's eased property curbs ignite iron ore prices

Iron ore prices surge as China eases property curbs, boosting steel demand and Indian metal stocks. SENSEX 84,299.78 -1,272.07 ... Get notified by email for early preview to new features ...

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Australian iron ore set for a catastrophic shock as China …

A 2-3 per cent fall in Chinese steel demand is equivalent to about 30-50 million tonnes of iron ore. Supply chain inundated . Meeting this relentless slide in Chinese demand, a mistimed wall of supply comes on stream for the next three years. Roughly 200 million tonnes of new iron ore is in the pipeline from Australia, Brazil and Africa.

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What's in store for iron ore this November and December

The iron ore price has fluctuated wildly over the past six months, firstly down on concerns about the Chinese economy, and more recently surging on hopes of new China stimulus measures. We investigate seasonality in the iron ore price including the typical end of year rally – and ask the question: Could this year be different? ...

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Iron ore lump prices overtake pellet in China | Latest …

China's increased production of domestic iron ore may ease some of the upward pressure on pellet prices. The rise in seaborne iron ore prices to above $100/dmt has encouraged more domestic production, bringing more Chinese supply back to the market. Much of China's ore reserves are low-grade iron ore, and pelletising plants are stepping up ...

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CBA warns of $US80 iron ore price as China's steel crisis …

While China's iron ore demand is showing signs of stabilising, Goldman said that global supply remained robust, with total daily iron ore shipments running 2 per cent higher than this time last ...

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China iron ore port prices hit 16-month peak on high steel …

Despite negative steel production margins, Chinese steel mills ran high operation rates for blast furnaces, which supported iron ore demand. Total crude steel …

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Iron-ore soars on China stimulus, lower global supply

Iron-ore futures prices surged on Wednesday, as a fresh batch of policy easing measures from top consumer China lifted market sentiment, while lower global supply also lent support. The most ...

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Imported iron ore prices: China's major cities (Aug 26, 2024 …

Imported iron ore prices: China's major cities (Aug 26, 2024 18:28) Source: Mysteel Aug 26, 2024 18:28 Default Unit: Yuan ... Latest Updates DAILY: China's imported iron ore prices climb steadily. Sep 27, 2024 19:14 Survey: Imported IO port stocks analysis 2024.9.27.

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Chinese Steel Exports Drive Iron Ore Prices to New Lows

According to industry sources, the price of iron ore fell to $96.74 per ton, marking the first time it had dipped below $100 since November 2022. However, analysts predict that iron ore prices are likely to continue declining.

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Analysis: Iron ore price gains defy China steel cuts

Stronger steel demand in south China has helped mills raise sales and prices of steel and iron ore products. Some south China mills are operating with over 30 days of iron ore stocks, above the national average of 25-27 days. The gains in seaborne iron ore markets have also been reflected at the portside. North China mills have stepped up ...

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Imported iron ore prices: China's major cities (Oct 12, 2024 …

Imported iron ore prices: China's major cities(Oct 12, 2024 18:24), collected from the Mysteel team on the ground across China.

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WEEKLY: China's iron ore port stocks build slightly

Imported iron ore stocks piled at 45 major Chinese ports included in Mysteel's regular survey totaled 151.1 million tonnes as of October 10, marking an end to a three-week decline though higher by a small 530,100 tonnes or 0.4% from the tonnage recorded on September 26, according to the results from Mysteel's latest survey that stretched …

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Iron Ore

Iron ore prices refer to Iron Ore Fine China Import 62 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa.

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China announces new list of iron ore importers

The China Iron & Steel Association (CISA) disclosed the details of the new official list of iron ore importers at a meeting held on Monday.. According to the new list, the number of qualified iron ore importers has been been reduced from the previous 118 to 112. Of this figure, 70 are steel mills while 42 are iron ore traders. The number of steel …

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Iron ore price rally continues

Dalian iron ore futures prices rebounded on Thursday, buoyed by hopes of more fiscal stimulus from top consumer China and firmer seasonal demand for steel products. Reuters | October 9, 2024 | 10: ...

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Iron ore, steel prices dip on fragile China demand recovery

Feb 13 (Reuters) - Chinese ferrous futures fell on Monday, as mounting steel stocks and rising portside iron ore inventory indicated a slow recovery in demand, even as latest indicators pointed to ...

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Brazilian iron ore mining project needs $6.0 billion to start …

Bahia Mineração – BAMIN, an iron ore project with mine in Caetité, state of Bahia and port in Ilhéus, also in Bahia, are in urgent need for an investor to allocate $6.0 billion for the conclusion of the construction works which include a railroad linking mine and port.. The main attraction of the project is its iron ore, a pellet-feed grade product with …

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Iron Ore 62% Fe, CFR China (TSI) Swa

As of Oct 10 2024 16:54 BST. Data delayed at least 10 minutes, as of Oct 11 2024 08:04 BST. Iron Ore 62% Fe, CFR China (TSI) Swa price information, historical …

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