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China, the Biggest Importer of Iran’s Iron Ore

Generally, ore is a rock, containing enough amount of a metal. Low grade ores have a small amount of metal while high grade ones are richer and contain a larger percentage of mineral. Iron ore, consisting 5% of Earth’s crust, is the source of iron which is primarily used to produce steel. Steel is applied…

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بازار جهانی سنگ آهن 11 جولای 2019

خلاصه جامع: به گزارش متال بولتن قیمت سنگ آهن حمل شده از راه دریا در روز چهارشنبه 10 جولای سیر نزولی در پیش گرفت زیرا خریداران در پاسخ به افزایش موجودی محصولات استیل، دست از خرید کشیده و صبر کرده اند. شاخص سنگ آهن عیار 62 درصد 0.61 دلار و شاخص سنگ آهن عیار 65…

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Iran among the Ten Superior Iron Ore Producing Countries of the World

Iron ore as the main raw material used widely in steelmaking is more integral to the global economy than any other commodity! About 98% of the mined iron ore is applied to produce steel which has extended uses in manufacturing of roads, railways, vehicles, appliances, buildings, and other infrastructures. Durability and strength of iron ore…

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IRON ORE Market on Jan 29th 2019

Shanghai Vale dam incident in Brazil pushes up prices. Iron ore prices shot up across the board on Monday January 28 amid market expectations of supply disruptions following a tailings dam failure at Vale’s Córrego do Feijão mine in Brazil. MB 62% FE IRON ORE INDEX: $78.18 per tonne cfr Qingdao, up $3.49 per tonne. MB…

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IRON ORE MARKET on Jan 18th 2019

According to Platts, it was assessed the 62% Fe Iron Ore Index at $75.95/dry MT CFR North China Friday, up $1.20/DMT from Thursday. The seaborne iron ore market strengthened Friday supported by expectations that steel prices will go up further after Lunar New Year holidays. The lump premium market rose Friday. Offers for Pilbara Blend…