iron ore squeeze

Global iron ore short-term outlook July 2019 | Wood Mackenzie

Jul 30, 2019· Iron ore's meteoric rise continued through July, with the benchmark 62% Fe index averaging $120/t CFR, a fresh five year high. Having started the year at $75/t CFR, iron ore has now risen by 60%, a phenomenal and quite unexpected performance.

BC Iron, Mt Gibson and Atlas Iron squeezed by iron ore rout

Mar 06, 2015· The threat of such a move had pushed down prices in a range of commodities, including copper and iron ore, in recent days. The reality of the growth target cut gave prices another sharp jolt ...

An iron ore squeeze - MacroBusiness

It's an eye-popping iron ore table today: So, the exuberance of last week finally seized parts of the steel complex with 12 month swaps hitting the proverbial afterburners. Up 9.1% on the day ...

Value Idea Contest: Cleveland-Cliffs Trading at 5x Forward ...

Company history and business. Cleveland-Cliffs Inc. (), founded in 1847, is the largest and oldest independent iron ore mining company in the U.S., supplying iron ore pellets to the domestic steel industry.The company aims to have the only hot-briquetted iron plant in the Great Lakes region by 2020.

Daily iron ore price update (steel squeeze) - MacroBusiness

Daily iron ore price update (steel squeeze) By Houses and Holes in Commodities, Iron ore price. at 9:00 am on June 24, 2019 | 2 comments. Spot has not update but I believe it fell. Paper more.

Squeeze from Brazilian iron ore disasters a boon for $1.5B ...

The Brazilian mine dam collapses and resultant forced shutdown of some of that country's iron ore mines had caused a major seaborne supply squeeze across all of the commodity's types.

Global iron ore short-term outlook June 2019 | Wood Mackenzie

Jun 27, 2019· Another month, another five year high for iron ore. June's price of $109/t CFR lifts the Q2-19 average to almost exactly $100/t CFR. The last time we saw a quarterly average price of $100/t + was Q2-14, the tail-end of the great iron ore boom.

Iron ore's latest rally comes despite improved supply ...

Jul 17, 2019· Iron ore, the "red dirt" that is the key ingredient for the manufacture of steel, is attracting significant interest again, both internationally and within China. Its price has just seen one of its sharpest ever rallies, almost doubling in value over seven months to hit $126.35/mt on July 3 ...

China iron ore retreats from record peak ahead of Dalian ...

Iron ore futures in China dropped 1.2% on Wednesday as market participants took a breather after the steelmaking raw material's sustained rally that had brought it to the highest level since the ...

Metinvest iron ore plants announce squeeze-out prices ...

Three Ukrainian iron ore-producing assets of Metinvest (METINV), Ukraine's largest steelmaker, announced on March 15-16 the share prices at which they will conduct the squeeze outs they announced two weeks ago, according to regulatory reports by these assets.

Iron ore feels 'python squeeze' - afr.com

May 27, 2014· Iron ore feels 'python squeeze' Iron ore's latest price shock may be an unintended consequence of China's tightening. Jennifer Hewett Columnist. Updated May 27, 2014 — 4.33pm, ...

Iron Ore Takes Another Hit as Bulls ... - Bloomberg Business

Aug 06, 2019· Iron ore just got hit by an abrupt reversal of fortunes. The commodity that soared in the first half after a supply squeeze is getting pummeled early in the second as the U.S.-China trade war ...

China Can't Damp Iron-Ore Prices to Help Steelmakers ...

Jul 08, 2019· China's steelmakers have had enough of the squeeze. ... Iron-ore costs in June amounted to about a third of the revenue that Chinese steelmakers can expect to get for producing hot-rolled coil ...

Moved Permanently. The document has moved here.

Steel Production Record Reached In China, Helping Drive ...

May 17, 2019· A supply squeeze caused by mine closures in Brazil is not the only reason iron ore rose this week to a five-year high of $97.95 a ton. Demand is also a factor, with Chinese steel production ...

Iron Ore Collapses Into a Bear Market - finance.yahoo.com

Aug 06, 2019· (Bloomberg) -- Iron ore just got hit by an abrupt reversal of fortunes. The commodity that soared in the first half after a supply squeeze is getting pummeled early …

Iron ore squeeze -- Aussie Dollar at breakpoint - YouTube

May 19, 2014· With the iron ore price now under $100 and Australian stocks again weaker this morning, the Aussie Dollar has been pushed back to a critical support level. CMC Markets is …

'High' NMDC iron ore prices to squeeze steel firms ...

Jan 12, 2018· The country's largest iron ore miner NMDC's decision to hold prices at ₹2,185 a tonne for the last four months is set to squeeze steel companies' profit. In fact, international steel ...

Iron Ore Collapses Into a Bear Market | Hellenic Shipping ...

Iron ore just got hit by an abrupt reversal of fortunes. The commodity that soared in the first half after a supply squeeze is getting pummeled early in the second as the U.S.-China trade war ...

Atlas, MinRes to join forces, combat iron ore squeeze ...

Apr 11, 2018· Iron ore juniors Mineral Resources and Atlas Iron have announced a merger deal, as a wider discount on lower-grade iron ores continues to hurt each miner's bottom line. The board of Atlas on April 9 recommended its shareholders approve a transaction by which they will receive 1 Mineral Resources share for every 571 Atlas shares they own.

Squeeze from Brazil's iron ore disasters will favour US$1 ...

Apr 11, 2019· Brazil's spate of iron ore mine and tailings dam calamities is proving a game-changer for global iron ore pellet feed markets, according to the developer of a proposed new US$1.5 billion magnetite iron ore pellet project near Broken Hill.

Rising Iron Ore Prices Push Some Chinese Steel Mills into ...

Jun 25, 2019· The market is feeling the squeeze. Iron ore inventories at Chinese ports have dwindled away to the lowest level in more than two years. The current price is …

Iron-ore prices rally to nearly 2-year high ... - MarketWatch

Feb 06, 2019· The price of iron ore rallied to a nearly two-year high Wednesday after the fatal breach of a dam in Brazil late last month forced Vale, a major producer of the metal, to halt production at a key ...

magnetite iron ore price per ton - Simurgh iron and steel ...

The magnetite iron ore price per ton, iron pellets and concentrates is at the peak of several years. Iron and steel prices have made unprecedented leaps in the first half of 2019. The uptrend rate continues.

Gold, Oil, and Other Commodities Have Had a Solid First ...

Jun 28, 2019· Iron ore has seen a "severe supply squeeze, coupled with robust demand," says Joseph Innace, S&P Global Platts' content director for Metals Americas. The benchmark Platts IODEX, which ...

China iron ore plunges as supply surges, demand dwindles ...

Aug 05, 2019· The iron ore boom is turning into a bust, as most-active futures in Singapore, which retreated 10% last week, plunged as much as 7% overnight to $95.96/metric ton, while the …

Miners: Iron ore hit by China squeeze ... - MarketWatch

Mar 11, 2014· SYDNEY--Executives at two of the world's largest iron-ore mining companies warned that China's credit squeeze and massive stockpiles are dragging on ore prices but were confident iron …

High NMDC iron ore prices to squeeze steel firms profits

Business Line reported that India's largest iron ore miner NMDC's decision to hold prices at INR 2,185 a tonne for the last four months is set to squeeze steel companies' profit. In fact ...