May 07, 2021 Copper and iron ore prices struck record highs Friday on strong Chinese demand and dollar weakness. Copper hit an all-time high of $10,253 a tonne on the London Metal Exchange.Jul 20, 2020 Source Bloomberg, Shanghai Futures Exchange, London Metal Exchange, World Bank. Iron ore. Unlike base metals, iron ore prices have remained resilient during the pandemic. Prices in June were higher than at the start of the year. Global supply concerns have re-emerged despite the restart of operations at Vale’s iron ore Itabira complex in.1 day ago Chinese govt silences copper, iron ore bull narratives to rein in price spike [CORRECTED] Major Chinese copper brokers and traders have been ordered to refrain from making bullish statements on metal prices by government officials in attempts to rein in the bullish sentiment of recent weeks.Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.
May 07, 2021 LONDON, May 10 (Reuters) - Copper slipped on Monday after touching a new record peak as bullish investors who recently entered the surging market became nervous about a possible correction. Three-month copper on the London Metal Exchange climbed to an all-time high of $10,747.50 a tonne during Asian trading after.May 06, 2021 Copper for three-month delivery rose 1.4 to settle at $10,092 a ton on the London Metal Exchange. Benchmark spot iron ore prices rose to a record, while futures in Singapore and China climbed. The boom comes as China’s steelmakers keep output rates above 1 billion tons a year, despite a swath of production curbs aimed at reducing carbon.Iron Ore Forecasts Energy Metals Consensus Forecasts™ is the result of a comprehensive monthly survey of over 40 of the world’s most prominent commodity forecasters covering over 30 individual commodity price forecasts including iron ore. The only publication of its kind, Energy Metals Consensus Forecasts contains detailed individual analyst and average (mean) price forecasts for the.May 07, 2021 MMi Daily Iron Ore Report for May 7th 2021 Iron ore stocks across 35 Chinese ports totaled 122.5 million mt as of May 7, down 1.66 million mt from a week ago and up 20.76 million mt from a year ago. Continued declines in port arrivals and pre.
Iron Ore Price Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes.May 07, 2021 Copper hit an all-time high of $10,253 a tonne on the London Metal Exchange, beating the previous record seen in February 2011. Iron ore on Friday hit a high of $202.65.Iron ore 62 fe, cfr china (tsi) - overview Discover a efficient solution for hedging iron ore price exposure against marginal cost of production swings and supply-side price squeezes. Experience up to 45 margin offsets versus other cleared, correlated contracts and only post margin on the residual risk as the contract month progresses.Platts Iron Ore Index assessments reflect the tradeable price of iron ore at 5.30pm Singapore Beijing time (9.30 am GMT). The IODEX assessment is not origin specific, and takes into account ores with iron content between 60-63.5 Prior to 2012, the spot market saw Indian material traded most actively this shifted, with Australia being the main source of spot medium grade fines material.
Apr 26, 2021 The metal has gained 26 on the London Metal Exchange this year. Iron ore in Singapore jumped to the highest since contracts launched.Apr 06, 2021 Chinese iron ore futures prices expected to rise further this week. Nickel futures are currently up around 2.2 to 2.5 on the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). Source gerber-steel.com. Stainless Espresso Metal stocks boom could continue after dream run in 2021.Feb 04, 2021 The company posted its iron ore fines production, down 0.5 on the year to around 300.4 million tonnes for 2020, below its original production guidance at 310-330 million tonnes.SMM Evening Comments (Apr 30) Nonferrous metals on the SHFE closed mixed, zinc slumped 2.15 . SHFE nonferrous metals closed mixed on Friday April 30. Copper shed 0.61 , zinc plunged 2.15 and lead weakened 1.21 , while aluminium rose 1.33 , nickel gained 1.48 and tin climbed 1.53 . Silicon social inventories rose 3,000 mt to 50,000 mt.