The benchmark 62% iron ore futures chart sourced from the COMEX showed prices have slumped about 34% year to date to trade below $80 per tonne as of 1 November 2024 It was just over a year ago that iron ore prices had surged to an all time high of about $220 per tonne in July 2024 on the back of a commodity supercycle narrative
Get PriceThe iron ore price is currently US$ per tonne after a % gain overnight and an almost 25% uplift over the past month Iron ore was fetching about US$160 per tonne earlier in the year
Get PriceOver the years iron ore prices have fluctuated wildly For example prices were $187 per metric ton in Feb 2024 and then plunged to approximately $41 per ton in Dec 2024
Get PriceThe price of spot 62% iron ore for delivery to north China as assessed by commodity price reporting agency Argus rose to $ a tonne on Nov 18 close to the $100 level last seen on Sept 15
Get PriceChinese Government pressure on steel mills and commodity trader is paying off as the iron ore price falls below $200 a ton for the year to June 30 with earnings tipped to rise from $
Get PriceA research institution said It is expected that the iron ore price center will drop in 2024 In the interview operators and industry insiders said that there are three reasons behind the strong supply and weak demand in early 2024 First it is still in the heating season from January to mid March 2024 and the iron and steel
Get PriceAfter peaking above $190 per tonne the iron ore price collapsed into the $30s in 2024 as new supply outstripped demand Ahead were still many years of oversupply a lower iron ore price
Get PriceIron Ore Monthly Price US Dollars per Dry Metric Ton Range 6m 1y 5y 10y 15y 20y 25y 30y Jul 1992 Jun 2024 % Jul 1992 Jul 1995 Jul 1998 Jul 2024 Jul 2024 Jul 2024 Jul 2024 Jul 2024 Jul 2024 Jul 2024 US Dollars per Dry Metric Ton
Get PriceIron ore market price The Iron Ore Market is a vast market that deals with various countries from China Iran Pakistan to Brazil Germany Australia the USA and so on Fortunately for trading the fact is that the purchase and sale of iron ore a good and reliable index is often accepted by many traders in different countries
Get PriceIron ore prices have bounced back above $200 per ton on reports that North China s steel hub Tangshan is contemplating easing restrictions on steel output at its mills Earlier on May 26
Get PricePrice of Iron Ore 1980 2024 Price Chart 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 1980 2024 US cents per Dry Metric Ton Unit Other commodity price charts for 2024 2024 [short term graphs]
Get PriceIron ore prices have rebounded to just below $100 a tonne since hitting a three year low in October Reuters November 30 2024 7 54 am Most Australian mine workers dissatisfied
Get PriceIron ore is the source of primary iron for the world s iron and steel industries It is therefore essential for the production of steel which in turn is essential to maintain a strong industrial base Almost all 98% iron ore is used in steelmaking Iron ore is mined in about 50 countries The seven largest of these producing countries
Get PriceThis morning BHP released its production update for the fourth quarter and full year Within that update the Big Australian revealed that it received an average price of US$ per tonne in FY 2024 for its iron ore This was down 13% year on year from US$ per tonne in FY 2024 Investors may now be wondering where iron ore goes from here
Get PriceIn 2024 one dmtu of iron ore cost 30 dollars and increased to a high of 168 dollars per dmtu in 2024 The price saw dramatic drops in the past decade from
Get PriceChina s imports of iron ore fell to a 10 month low in February customs data showed on Friday curbed by a slowdown in trade during a week long national holiday and a steep run up in prices China brought in million tonnes of iron ore last month the least since April General Administration of Customs data showed well down on million tonnes in January and percent below
Get PriceAnalyst models expect the sky high iron ore price to plunge 30 per cent in the next 10 weeks But our mining giants have a different view of Chinese demand BHP shipped just 134 million tonnes
Get PriceIron ore has been one of the worst performing commodities this year Concerns over Chinese macroeconomic performance and continued Covid 19 related disruptions have been key to driving prices lower Hopes of a China recovery in the second half of 2024 should provide support in the medium term The short term outlook is more bearish
Get PriceIn 2024 global iron ore exports rose modestly to tonnes surging by % on the year before In value terms supplies skyrocketed from $ to $
Get PriceProduct Specification Unit Price Price in USD Change Update FCST Iron Ore Fine 65%min EXW Benxi RMB/dt Sign in to view Sign in to view
Get PriceThe iron ore price is forecast to remain well above US$100 a tonne until late 2024 before easing gradually over subsequent years ultimately reaching US$72 in real terms by the end of 2024 We
Get PriceThis line graph shows average monthly iron ore prices in US dollars per tonne from 2024 to 2024 Based on China s import of iron ore fines of 62% iron content average spot price in US dollars per metric tonne in a given year of unloading port / freight on board at the Tianjin port the average price was US$ in 2024
Get PriceThe seaborne iron ore price has experienced its largest one month drop in almost eight years as shipments increased to China sparking supply pressure S P Global Platts reported that iron ore
Get PriceSpot iron ore hit the highest level since December 2024 last week The Dalian Commodity Exchange price climbed a further % to Yuan 928 per metric ton over $141 per ton That is a rally of 50%
Get PriceThe EIU expects 2024 hot rolled coil steel prices on a free on board China basis—which pertains to shipping and liability which impact costs—to average $793 per metric ton up nearly 63%
Get PriceNews that Vale may be restarting full production at its 30m tonnes per year Brucutu mine sooner than expected did not stop traders from chasing iron ore to fresh 5 year highs on Friday
Get PriceIron Ore 2024 Data 2024 2024 Historical 2024 Forecast Price Quote Chart Iron Ore Summary Forecast Stats Alerts Prices for iron ore cargoes with a % iron content for delivery into Tianjin rose to $97 per tonne advancing 20% in November amid expectations of new demand for steel in top consumer China
Get PriceIron ore prices have fluctuated over the past decade Prices dropped from a high of $187 USD per metric ton in February 2024 to a low of $41 in December 2024 The price peaked above $100 in 2024 and above $150 in 2024 In 2024 the iron ore commodity price passed $200 USD/tonne
Get PriceDaily iron ore price update modest rally The ferrous complex cooled on November 30 Daily iron ore price update the phony rally 3 years Inception Tactical Growth % %
Get PriceIron ore prices are currently trending around $ per ton — more than double the last year s levels In fact in June last year iron ore prices had breached $100 per ton
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