The global Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore global catalogue of price assessments. The various sections of this guide are designed to give S&P Global Commodity Insights subscribers as much detail as possible about a wide range of methodology and specification issues.
The Ukraine accounts for 1% of global production, with the largest producers being Australia, Brazil, China and India. Exports of iron ore from the Ukraine declined by 8.63% in 2023 over 2022, with the highest share being exported to China. The Ukraine's iron ore exports are expected to drop at a CAGR of 0.19% between 2023 and 2027.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) widened gains to end daytime trade 3.4% higher at 826 yuan ($113.67) a metric ton, its highest level since ...
A supply-side factor that may weigh on iron ore prices is the potential for market control by China Mineral Resources Group (CMRG), a procurement agency established in 2022 to negotiate raw ...
Evolution of the Iron Ore Market. From S&P Global Commodity Insights launching the first daily iron ore spot price assessment, Platts IODEX, on June 2, 2008, to Platts 62%-Fe IODEX CFR China reaching all-time highs in Q2 2021, the iron ore market has evolved tremendously over the past 10 plus years.
The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 5.35% higher at 827 yuan ($114.87) a metric ton, the highest since March 13.
Introduction. This chapter will give a general description on the Chinese iron ore deposits, supply and demand market, mineral processing and iron ore metallurgy technology. For years, the Chi-nese iron industry is highly dependent on the foreign mines due its quick development on economics.
Iron ore makes up 5% of the earth's crust and is the second most abundant metal after aluminum. World crude iron ore resources exceed 800 billion tons and are estimated to contain more than 230 billion tons of iron, dominated by low-grade ore. Iron ore is mined in 50 countries, of which the seven largest
The most-traded May iron ore contract on China's Dalian Commodity Exchange ended daytime trading 1.52% higher at 969.5 yuan ($135.12) a metric ton, following a fall of 0.37% a day before.
On top of that, another important factor for the iron ore market in 2024 will of course be China's fiscal stimulus measures, with Project Blue pointing out that additional fiscal measures aimed at boosting domestic consumption and the property market will have a positive impact on the construction sector, steel production and iron ore demand ...
With approval of the People's Government of Beijing Municipality and relevant competent authorities, Beijing Iron Ore Trading Center Corporation (hereinafter referred to as "COREX") is the first Sino-foreign joint-stock trading venue jointly initiated and established by relevant industry leaders, such as China Iron and Steel Association, BAOWU, HBIS, …
The iron ore discharge volumes at 34 major ports in China during the week ended Jan. 19 reached 27.35 million mt, up 14% on the week, S&P Global Commodity Insights at Sea data showed. The total discharge volume in the first three weeks of January was 78.72 million mt compared with 65.98 million mt, or up 19.31%, from the same …
China's domestic iron ore output is also a factor, but the increase in first quarter production comes with a caveat, insofar as it's likely that the overall iron content is more or less stable ...
Production of iron ore in China from 2015 to 2023 (in million metric tons) Premium Statistic Iron ore production volume in India 2010-2021 ...
Global economic growth is the primary factor in growing global iron ore demand. When the economy grows, the demand for steel increases, directly impacting the iron ore price. Since China is the biggest consumer of metals, the growth in China has a direct effect on the spot price of iron ore, and one can consider the spot price to be …
The surface mine produced an estimated 8.59 mtpa of iron ore in 2023. The mine will operate until 2049. Buy the profile here. 3. Lanjian Zhujia Baobao Mine. The Lanjian Zhujia Baobao Mine is located in Sichuan. It is owned by Panzhihua Iron & Steel and produced an estimated 6.33 mtpa of iron ore in 2023. Buy the profile here.
According to GlobalData, China is the world's third-largest producer of iron ore in 2023, with output up by 2% on 2022. Over the five years to 2022, production from China increased by a CAGR of 3% and is expected to drop by a CAGR of 0.18% between 2023 and 2027.
Another factor for the iron ore market to ponder is official unhappiness at the rising price, with China's state planner saying on Sept. 7 that it will crack down on what it calls regulatory ...
China's iron ore sources are mainly three parts, the first part from the domestic ore, the second part from the overseas rights and interests of ore and the third part from overseas imports of ore. From 2011 to 2015, the proven reserves of iron ore continued to increase.
Iron ores are scattered in all parts of China with verified ore reserves of about 80 billion tons, but most reserves are low in grade with an average grade of 30.5% total iron (Li et al., 2015 ...
Iron ore is an essential industrial raw material and important part of national strategic reserves. Its price has fluctuated dramatically since the 2000s, and there is a general belief that price shifts will transmit to inflation (Ahn et al., 2017).For example, iron ore price increased from $12.38/ton in January 2000 to $154.46/ton in August 2008, …
The price of Singapore Exchange iron ore contracts dropped to $110.05 a metric ton on Wednesday, the lowest close since Aug. 31 and down 23.4% from the peak so far in 2024 of $143.60, …
Discover data on Iron Ore Production: By Region in China. Explore expert forecasts and historical data on economic indicators across 195+ countries.
Probably due to large national land area and multi-period orogeny, from the view of metallogeny, lots of iron deposits developed in China, and the proven total reserves of iron ores are relatively abundant, but mainly low-grade ores. For years, China's iron ore reserves are far from being able to meet the requirement of rapid development …
In 2023, Australia was China's largest supplier of iron ore by a significant margin, accounting for around 737 million metric tons of iron ore imports to China.
China's Iron Ore Deposits. China has the fourth largest iron ore in the world. It holds approximately 20 billion tonnes. China is also the third largest producer after Australia and Brazil.
In 2020, the average price of China's imported iron ore came to approximately $101.65 per ton, a year-on-year increase of 7.2%. With rises in both the quantity and price of imported ore, the Big Four once …
China has a relatively great ore-searching potential of iron ores, especially for metamorphosed sedimentary, skarn, and marine volcanic-hosted iron deposits. For the lower guarantee degree of iron …
Iron resources are abundant in China (ca. 80 billion tons of proven iron ores), but high-grade ores are scarce. Most iron deposits in China are low in grade, with an average grade of 30.62% TFe.