IRON ORE DAILY: Prices inch up after China posts highest-ever

Jan 18, · Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $170.60 per tonne cfr China, laycan February 5-14. Corex, 70,000 tonnes of 62.5% Fe Pilbara Blend lump, bid made at the February average of a 62% Fe index, plus a lump premium of $0.3400 per dry metric tonne unit (dmtu), laycan January 27-February 5.

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Sponge Iron | Manufacturer of Sponge Iron

Over the years, the shortage of expensive melting scrap has made sponge iron a significant raw material for manufacturing high quality steel. In India, the abundance of Iron Ore deposits has led to absorption of the renowned by the Indian industry and use of ore lumps and fines has led to the country becoming the largest producer of sponge iron

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The Important Factors to Consider When Investing in Iron Ore

The further a mine is from a port or a railroad, the more expensive it is to bring the iron product to market. Almost all iron ore products including DRI, lumps, fines, pellets, and

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Low lump prices tempt Chinese steel mills to use more

Prices of imported lump ore in China continue to hover at a low level, pressed down by high port stocks, a situation that is leading domestic steel mills to consume more lumps recently when iron ore fines are comparatively more expensive, market sources said on Friday.

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Imported iron ore lump price firm on sound demand | Mysteel

Dec 31, · “Lumps prices have been performing more strongly than fines, but lumps are still more affordable than imported iron ore pellets, so it is still preferred by some Chinese steel mills,” he explained, debuting any substantial impact on lumps consumption because of the rising domestic coke prices.

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Commodities | SteelMint

Iron Ore Lumps, Essel Mining Koira, Odisha, India. 06, Mar 16:03 IST | Weekly. 5-18 mm, Fe 62%. INR. tax: OMC's iron ore fines e-auction receives decent response. 10 Mar, 18:46 IST. Show more like this Show less like this. To insights, Register to Steelmint Login Buy Now. Related Insight. Chinese Wet Coke Prices Corrects

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Cheap iron ore just got a whole lot more expensive | Business

May 07, · Prices for lower grade iron ore spiked on Monday, hitting the highest level in five years. According to Metal Bulletin, the price for 58% fines jumped 2.9% to $82.48 a tonne, leaving it at levels

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Iron ore (fines) - Cargo Handbook - the world's largest cargo

Iron ore is the raw material used to make Pig Iron, which is one of the main raw materials to make steel. 98% of the mined iron ore is used to make steel. Indeed, it has been argued that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Iron ore is mined in about 50 countries.

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Daily Iron Ore price, Lme Comex Shfe Price of Iron Ore

MMi Daily Iron Ore Report (March 10) DCE futures continued to be quite weakly today, and main contract I2105 fell by 5.24% whole day. Some traders quoted down 40-50 yuan/mt today morning compared to yesterday, and steel mills are still enthusiastic about making inquiries at bargain prices today, and the overall market transaction atmosphere has

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lump ore: Latest News & Videos, Photos about lump ore | The

Feb 05, · NMDC hikes iron ore rates by Rs 300 to Rs 2,950 a tonne effective from August 12 12 Aug, , 02.21 PM IST. In a filing to BSE, NMDC said it has increased the price of lumps or high-grade iron ore by Rs 300 to Rs 2,950 per tonne, and that of iron ore fines or inferior grade ore by Rs 300 to Rs 2,660 a tonne.

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PDF CARRIAGE OF NICKEL ORE AND IRON ORE FINES : Detailed Bulletin

2) Iron Ore Fines When iron ore is processed to allow its use in the iron/steel making industry, it is first separated into lumps and fines. Iron ore fines are the less desirable, and lower value, product of this processing. They also have a higher moisture content than the iron ore lumps.

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