Iron ore futures continued to rally on lower import volumes from Australian and Brazilian miners, amid high steel demand in China. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then rose by 3.28% day-on-day or up RMB 32.50 to RMB 1,022/mt on Tuesday. The steel rebar contract on the …
Category archives: Ferrous
Steel & Scrap Morning Report 13/04/21
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European Close 12/04/21
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London Iron Ore Market Report 12/04/21
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Steel & Scrap Morning Report 12/04/21
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Daily DCE Review 12/4/21
Iron ore futures opened low, before a late rally toward the afternoon trading session that pushed up rates higher. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), then rose by 2.58% day-on-day or up RMB 25.50 to RMB 1,014/mt on Monday. The steel rebar contract on the Shanghai Futures Exchange, however dropped …
London Iron Ore Market Report 09/04/21
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European Close 09/04/21
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Iron Ore Offshore 09/04/21
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Ferrous trade weekly review 9/4/21
A total of 0.66 million mt of iron ores was traded for the week ended Apr 9, after trade participants returned from the long weekend holidays. Steel prices rose to multi-years high during the week amid high margins and output restrictions that extended beyond China’s steelmaking hub of Tangshan. During the week, the trades volume …