The impact of the higher iron ore price is already clear. The average rate on the TubaraoQingdao route is /t for January 2021, higher than January 2020. But this is just 11pc of the average ICX 62pc Fe cfr Qingdao import price, whereas the freight rate was equal to of the ICX price in January 2020, and in January 2019.
/63% Fe grades, highgrade 65% and a lowgrade 58% Fe grade, as well as a daily 1% per Fe content differential for iron ore fines % to help clarify the normalization process. Platts also publishes daily freight netbacks based on the most liquid routes to five basis origins. A forward curve assessing the daily bid/offer and trade ...
Lump and fines ores are classified as DSO (Direct Saleable Ore) as they require only crushing and sizing to produce a saleable product. Lump is the only traded iron ore product that can be ...
Surging fines prices. Seaborne pellet premiums were this week squeezed by the surge in fines prices. SP Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index assessment at /dry mt CFR North China on April 21, down 85 cents from April 14, after adjusting to a 65% Fe basis.
The Platts 65% Fe fines index fell to a 12% premium over IODEX 62% Fe fines on a dry mt unit equivalent basis this week, down from December's average of % premiums for 65% Fe fines. The premium reached close to 40% in July. IODEX fell slightly in December to /dry mt CFR China, from November's average of /dmt.
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Fortescue's delivered price is adjusted for its quality and lower ferrous content it has historically been able to sell its product at an 85% discount to the index price. So if the iron ore index price is at US58/dmt, Fortescue will be realising a price of about US58 x 85% = US/dmt on its iron ore. The C1 cost represents the ...
Oct 2008 Sep 2023: (%) Oct2008 Oct2013 Oct2018 US Dollars per Dry Metric Ton Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously % Unit: US Dollars per Dry Metric Ton Currency: Compare to:
Monthly price chart and freely downloadable data for Iron Ore. Price in US Dollars per Dry Metric Ton. 360 month history. Toggle navigation ... Iron Ore Monthly Price US Dollars per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y ... Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously 63. ...
Price Chart Historical Data News. Prices for iron ore cargoes with a % iron ore content for delivery in Tianjin eased to 134 per tonne from the over oneyear high of 138 touched on November 22nd as regulatory action ramped up caution for purchasers. Market players noted that Beijing intervened in bid prices to limit speculatory ...
1 Total cash cost per dry metric tonne in US dollars, cost and freight (CFR). 2 Includes the ten largest iron ore producers only. 3 Wood Mackenzie, Global Iron Ore Markets Q2 2022 (Quarterly). ... Western Australia's major iron ore fines products in 2021 were FMG's Chichester Hub Fines ( million tonnes), FMG's Solomon Hub Fines ( ...
Explore realtime Iron ore fines 62% Fe CFR Futures price data and key metrics crucial for understanding and navigating the Iron ore fines 62% Fe CFR Futures market. ... 500 dry metric tons ...
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 SP Global Commodity Insights subscribers as much detail as possible about a wide range of methodology and specification issues.
A 33 fullfactorial design was applied to investigate the effects of air temperature, airflow velocity, and solids load on the drying time and the specific energy consumption (SEC) of the...
cents to /dry unit FOB Tubarao, an equivalent of around /dmt FOB Tubarao. The increase reflected stronger premiums, with little change on base iron ore and freight prices. ... The Pilbara Blend Fines iron ore spread between North and East China narrowed to over a 3month low July 31 on the back of
Register Now. IOCJ2, as the new sinter feed will be called, will have typical specifications of about % iron, 3% alumina and % silica, said sources at steelmakers and trading firms that have been approached by Vale. It will also have a phosphorus content of % and moisture of 9%. A Rio de Janeirobased spokeswoman for Vale did not ...
Claims from Chinese cargo receivers against shipowners for alleged short delivery of cargoes of iron ore fines in bulk are invariably paper losses the cargo is bought and sold in dry metric tons (DMT) but shipped in wet metric tons (WMT) under a bill of lading the vessel can only check the wet weight of the cargo, by draft survey, when ...
Monthly price chart and freely downloadable data for Iron Ore. Price in Canadian Dollar per Dry Metric Ton. 60 month history. Toggle navigation. ... Canadian Dollar per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Oct 2018 Sep 2023: (%) Chart. Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning ...
The appellants herein are exporters of Iron Ore (2) Appeal No. C/82/2009 Fines and they filed shipping bill No. 32, dt. of 41,308 MT of Iron Ore Fines declaring the iron content as 61%. Iron Ore Fines were leviable to export duty during the period Rs. 300/ per MT. However, if the Fe content of the fines is less than or equal to 62 ...
dry bulk review freight rates coal flows. Looking at China as the main destination for bulk flows and demand growth, image 3 shows that the volume of flows has increased, especially in the fourth quarter of this year. In the last two years, the total volume of commodity flows was billion tonnes, with iron ore accounting for 60% of the volume and Australia remaining the top source country ...
Dry processing of iron ore: In dry processing of iron ore, ROM is generally crushed below 40 mm through threestage crushing and thus segregated by screening into 1040 and −10 mm fractions. For softer ore, tumbler index is generally low and hence lump ore is crushed below 10 mm to produce 100% fine product. Yield from the plants has been ...
Iron ore prices monthly . Published by Statista Research Department, Sep 27, 2023. In August 2023, iron ore was valued at approximately dollars per dry metric ton unit (dmtu ...
Mandatory application of the iron ore fines schedule as per the IMSBC Code requirements: applies only to iron ore cargoes containing BOTH: (a) 10% or more of fine particles less than 1 mm (D 10 ≤ 1 mm) ; and (b) 50% or more of particles less than 10 mm ( D 50 ≤ 10 mm). However, if the total goethite content is 35% or more by mass, iron ore fines may be carried in accordance with the ...
Iron ore is the basic raw material for iron and steel making. India is among the leading producers of iron ore in the world and produces about 150 million tons per annum (U. S. []).The total reserves of iron ore in India is around billion tons, of this hematite ore is considered to be the most important iron ore because of its high grade quality and lumpy nature.
Description Iron Ore (fines) Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, deep purple, to rusty red.
Minerals are subjected to ore processing to turn them into usable and saleable raw materials. First of all, the ore is reduced to the smallest size with the crushinggrinding process, and after using water and chemical additives, according to the characteristics of the ore, useful minerals are taken, and unwanted minerals are stored in the tailings pools. Approximately, 26 million tons of ...
Assuming that the fines fraction is just doubled, the annual production of fines from blasting would be 84,000 t. Furthermore, assuming that a half of such fines (< 50 microns) is highgrade iron ore and the price is 200 USD/t, the value of the 84,000 t fines will be MUSD. Thus, this value is not ignorable. Source of Fines in Rock Blasting
* The SP Global Platts IODEX 62% Fe iron ore price rose to a sevenmonth high of per dry metric ton at the end of January before pulling back as optimism fades on a buildup of steel stocks in China. ... Weak margins support China's demand for lowgrade iron ore imports, slightly eroding the price discount for 58% Fe iron ore fines ...
The contract is a financially settled futures contract referencing 'The Steel Index' ("TSI") iron ore price for "62% Fe fines delivered China". This contract is quoted in dollars and cents per dry metric ton. The contract is listed on a serial basis for 24 months. Each contract is 500 dry metric tons with a minimum tick size of
for iron ore fines. Keywords: Iron ore agglomerates; Transportable Moisture Limit; energy consumption; drying efficiency, pellet feed. Highlights Characterization of iron ore fines...
intraday 1w 1m 6m ytd 1y 3y 5y max Indicators MountainChart Iron Ore Snapshot Prev. Close Open Day Low Day High 52 Week Low 52 Week High...
Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously %. Unit: US Dollars per Dry Metric Ton. Currency: Compare to: Source: Thomson Reuters Datastream, World Bank. See also: Mineral production statistics. See also: Top commodity suppliers. See also: Commodities glossary Definitions ...
We find that the issue under dispute in these cases is whether for deciding the classification and rate of duty payable, the Fe %age of Iron Ore Fines is to be determined on Dry Metric Ton (DMT) basis or Wet Metric Ton (WMT) basis.
Monthly price chart and freely downloadable data for Iron Ore. Price in US Dollars per Dry Metric Ton. 6 month history. Toggle navigation ... Iron Ore Monthly Price US Dollars per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y ... Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously % ...
HighLOI iron ore fines are required for detailed laboratory pelletization studies and are used in pellet making. The received iron ore is martitegoethitic and hematitegoethitic form of ore with high LOI content. The iron ore consists of % Fe, % SiO2, % Al2O3, % moisture and % LOI. From thermogravimetric analysis, the ...
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