Keyword: "iron ore prices"

Mining News Pro - Chinese iron ore prices rose for a sixth straight session on Tuesday as Brazil`s Vale faced further restrictions at its iron ore operations, adding to concerns about tight supply of the steelmaking raw material.

Mining News Pro - Iron ore prices reached an almost two-year high on Tuesday, following January’s fatal tailings dam breach in Brazil at Vale’s Córrego do Feijão mine. Iron ore was at $86.65/dry ton on Feb. 4, up 14% since the dam breach and the highest since March 2017, according to S&P Global Platts.

Mining News Pro - India`s largest iron ore miner - National Mineral Development Corporation (NMDC) has announced price revision today. The miner has increased Baila fines and lumps prices by INR 150/MT and prices of ROM by INR 140/MT and DR-CLO prices by INR 170/MT as per market sources reported to SteelMint.

Mining News Pro - Indian pellet market has observed a sharp price hike in last couple of weeks. Domestic pellet offers in Raipur (Central India) have touched nearly 8-month high to INR 7000/MT (basic, GST extra). This is up by INR 400/MT against last week`s assessment of INR 6,600/MT. Similarly in Durgapur (eastern India) pellet prices have moved up by INR 300-400/MT W-o-W and in Kandla (western India) by INR 150 /MT.

Mining News Pro - Demand for Chinese buyers has slowed down imports of imported iron ore in the country

Mining News Pro - According to market sources report to SteelMint, offers for imported South African lump to India have inched up following increase in lump premium and global prices.. As per sources, South African lumps offer is hovering around USD 92/MT, CFR India.

Mining News Pro - Iron ore price for Fe 62% fines has been witnessing increase since the beginning of last week. Benchmark iron ore fines (Fe 62%) index increased today and is assessed at USD 65.2/MT CFR, China against USD 63/MT a week ago. Thus on W-o-W basis, it has climbed by USD 2.2/MT.

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