iron ore price continues to tumble

China: Iron ore spot prices tumble on slow buying | SteelMint

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Iron ore prices tumble across the board

2019-5-30 · * Iron ore prices tumbled across the board on Thursday. * Dalian iron ore futures continue to slide following a fee hike announced late Tuesday. Volumes were more than 30% lower On Thursday than the session earlier. * China will release its official manufacturing and non-manufacturing PMI report for May on Friday. * ANZ expects the benchmark iron ore price will remain above $85 a tonne for the ...

Iron ore prices tumble again on concerns for Chinese …

2019-3-11 · * Iron ore prices fell heavily for a second consecutive session on Monday. * Chinese iron ore futures, along with bulk commodity contracts, were also under pressure. Some put the weakness down to concern about the outlook for Chinese steel mill demand. * Chinese steel and bulk commodity futures pushed higher in overnight trade on Monday, pointing to a firmer start for physical markets on ...

Price of iron ore continues to tumble

Gold, iron ore prices take a tumble - Australian Mining

Fortescue Keeps Digging Despite Iron Ore''s Tumble

2015-1-29 · SYDNEY— Fortescue Metals Group Ltd. won''t curb its production of iron ore despite a sharp tumble in prices, saying it continues to sell its raw materials to China''s steelmakers for a profit ...

Iron ore price continues to tumble

2014-5-29 · Iron ore price continues to tumble. May 29, ... The price of iron ore has fallen more than 25 per cent in 2014, and crashed to double digits last week for the first time in two years.

Price of iron ore continues to tumble

2021-9-27 · The price of iron ore has continued to tumble, with the price of the steelmaking commodity falling from a record $233 a tonne in May to $94 on Monday. The fall in price comes as China''s moves to clean up its heavy-polluting industrial sector, in …

CHINA HRC: Prices tumble after iron ore begins to slide ...

2020-12-23 · CHINA HRC: Prices tumble after iron ore begins to slide China''s hot-rolled coil prices tumbled on Wednesday December 23 - having hit a 12-year high earlier this week - after a significant downturn in iron ore values.

Asia''s iron ore prices tumble as China issues fresh price ...

2021-5-24 · Asia''s iron ore futures tumbled on Monday, leading another bout of selling in the metals complex, after China''s state planner warned against commodity price manipulation and vowed to clamp down on ...

Iron ore lump: Premiums tumble as buyers look for more ...

2015-6-10 · As the weather continues to improve in China, many players said domestic concentrate mining levels should climb as it becomes more conducive to raise production. Higher seaborne ore prices have also encouraged more domestic producers to resume operations as they can now provide a …

Iron ore prices to further tumble as China steps up curbs ...

2021-8-2 · The recent plunge in iron ore prices may be just the start of what could be a sustained decline for the rest of the year, as demand from the world''s biggest consumer is widely expected to ...

UPDATE 1-Iron ore prices tumble on weak China pre …

UPDATE 1-Iron ore prices tumble on weak China pre-holiday demand. By Enrico Dela Cruz. 3 Min Read * Dalian, SGX iron ore benchmarks hit two-month low * Steel futures extend losses as spot trades tepid

The spot iron ore price continues to tumble

2021-10-31 · The spot iron ore price continues to tumble. David Scutt Mar. 30, 2016, 7:35 AM. Photo by Chris McGrath/Getty Images. The iron ore price fell for a …

What could cause iron ore price to tumble | Hellenic ...

2021-6-18 · Calls to reintroduce a mining tax could signal that the price of Australia''s most valuable export may have finally hit its peak, experts have warned. The price of iron ore, our number one export ...

Iron ore prices tumble almost 9% in a week despite supply ...

2020-3-2 · Iron ore prices have fallen 8.6% over the past five trading sessions despite supply tightening due weather events crimping exports from key exporters Australia and Brazil, latest data showed Monday. S&P Global Platts assessed the 62% Fe IODEX down $7.90/dmt week on week at $83.90/dmt CFR China Friday as expectations faded for a recovery in downstream steel demand in the second …

Iron ore price craters on Chinese steel output cuts ...

2021-7-30 · Iron ore on China''s Dalian Commodity Exchange closed daytime trading 8.1% lower at 1,027 yuan ($158.95) a tonne, with its monthly loss of nearly 8% the steepest since February 2020.

Iron ore prices to further tumble as China steps up curbs ...

2021-8-4 · The recent plunge in iron ore prices may be just the start of what could be a sustained decline for the rest of the year, as demand from the world''s biggest consumer is widely expected to further drop under an increasingly strict government campaign to cut steel output to meet environmental and other goals, Chinese industry bodies and experts warned on Monday.

Iron ore records tumble as spot price reclaims 2013 levels

2020-12-3 · Price sensitivity analysis in the budget shows that if the iron ore price was to remain elevated until the end of the June quarter 2021, nominal GDP could be around $22.9 billion higher than ...

Iron ore continues to tumble

Iron ore continues to tumble. David Scutt Oct. 26, 2015, 6:53 AM. ... Year-to-date, the benchmark price is now down 34.7%. Lower grade ore suffered even larger falls, with 58% fines slipping 76 ...

Iron ore price to tumble, but not yet – Capital Economics

2019-2-20 · We have revised up our iron ore price forecast following the disaster at the Córrego do Feijão iron ore mine and its aftermath, given the negative implications for supply. However, with demand set to be lacklustre, we still think that iron ore prices will drop back by a quarter later this year.

Westpac: Iron ore to tumble through 2021

2021-2-5 · Westpac: Iron ore to tumble through 2021. Back in November we introduced a simple iron ore port inventory model (specifically an inventory deviation model – see " Negative iron ore supply ...

Gold, iron ore prices take a tumble

2021-6-18 · In iron ore news, benchmark 62 per cent Fe fines were down 3.2 per cent to $214 per tonne this week. The price fall came as shipments rose from major suppliers in Australia and Brazil, up to more ...

Iron ore prices to further tumble as China steps up curbs ...

The recent plunge in iron ore prices may be just the start of what could be a sustained decline for the rest of the year, as demand from the world''s biggest consumer is widely expected to ...

Global iron ore prices to tumble to $50 | Shipping Herald

2015-10-12 · Global prices of iron ore fines (63% Fe grade) are likely to fall further to the level of $ 50 per tonne down from the current price point of $ 52 a tonne by December this year as big miners like Rio Tinto and BHP Billiton look to ramp up capacity, offsetting any production loss triggered by shutdown of small and mid sized mines.. Weighed on by global oversupply, iron ore fines prices would be ...

Iron Ore Price Continues to Drop, Sinking Below $50 ...

2015-4-3 · The iron ore price has continued to tumble, and came in under $50 per tonne on Thursday. That''s the lowest it''s been in nearly a decade, and about a 75-percent decrease from its high of $190 per tonne in 2011. As those watching the space will know, the low price isn''t a huge surprise given that the metal has fallen for six consecutive weeks and has inched lower for 10 out of 13 weeks so ...

Australia budget assumes iron ore tumbling to $55/t by ...

2021-5-11 · Australia''s budget forecast released on Tuesday assumes the country''s top export earner iron ore would tumble to $55 a tonne by March after this week skyrocketing to all-time highs surpassing ...