Expanding on its suite of seaborne iron ore price benchmarks, Platts, part of S&P Global Commodity Insights, has launched a series of price assessments in 2023, bringing greater transparency to the Chinese port stock market for imported iron ore. This infographic showcases the trade flow of China's iron ore imports. Click here to see full-size ...
In August this year, China's iron ore imports amounted to 101.39 million mt, down 1.4 percent month on month and decreasing by 4.7 percent year on year, according to the latest data released by China's General Administration of Customs (GACC). In August, the slack demand for finished steel weakened the support for iron ore prices.. In the January-August …
In depth view into China Iron Ore Fines Import Price including historical data from 1980 to 2024, charts and stats. China Iron Ore Fines Import Price (I:CIOFIP) 100.91 USD/mt for Aug 2024 Overview; Interactive Chart; More. Level Chart. Basic Info. China Iron Ore Fines Import Price is at a current level of 100.91, down from 107.39 last month and ...
Imports of Iron Ore & Concentrates in China decreased to 12937967 USD Thousand in February from 14510997 USD Thousand in January of 2024. Imports of Iron Ore & Concentrates in China averaged 4936599.13 USD Thousand from 1996 until 2024, reaching an all time high of 26223700.00 USD Thousand in February of 2021 and a record low of 64396.00 USD …
The market continued to see healthy import margins for iron ore. According to Platts calculations based on the IODEX and IOPEX daily assessments, import margins for iron ore medium-grade fines have remained positive since June. More cargoes of medium-grade fines have been purchased in the seaborne market and will be discharged at Chinese ports.
Steel and iron ore markets have been falling as China is in the middleof a "considerable inventory adjustment," with steel mill destocking likelyto take time, it said. An "entire pipeline of inventory within China (from raw materials tosemi-finished goods to finished goods) is incredibly full - possibly aconsequence of industry misreading ...
Australia was the largest supplier of iron ore to China, accounting for 61.5% of total imports in June. China's imported a total of 74.56 million mt of iron ore in June, down 3.6% from 77.38 million mt in May. A mill source in Hunan said Australian miners such as Rio Tinto and FMG were shipping more iron ore to China as they increased their ...