Steel News

We strive to let you one step ahead of the market.

China’s iron ore price rose to 22 months high

1 Feb 2019 18:04 reported by Judy Lin

A A A
According to the report, China’s iron ore price reach a 22 month high on Friday due to the disruption of supply. Some market participants indicated that Iron ore future on the Dalian Commodity Exchange increase of 6.6% to RMB 623 per ton.

Recently, Vale S.A. to cut output following a catastrophic dam failure last week gave rise to iron ore price gradually grow and would be surged more than 20% this year.
Analysts see the mining giant Vale S.A. confronted to lose about 13 million tons of iron ore, which cause the market deficit this year.

Back to Steel News

Related News

Brazilian Vale’s iron ore output affected by idled dams

  • Raw material
  • 23 Apr 2019 15:49

Chinese iron ore price index rises on Apr 22

  • Raw material
  • 23 Apr 2019 15:43

Niron Metals exports iron ore from Guinea via Liberia

  • Raw material
  • 23 Apr 2019 14:45

Chinese steel & iron ore futures up after Beijing announces support on economy

  • Raw material
  • 23 Apr 2019 14:24

Indian OMC plans to open 4 new mines to increase iron ore production

  • Raw material
  • 22 Apr 2019 15:10

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 0.00
  • 0.00
  • Aluminum
  • 0.00
  • 0.00
  • Copper
  • 0.00
  • 0.00
  • Nickel
  • 0.00
  • 0.00

Learn more

Coil Exchange Center

  • 2B Coil-May
  • 2,850
  • 2,710
  • NO1 Coil-May
  • 2,730
  • 2,590
  • 2B Coil-May
  • 2,850
  • 2,710
  • NO1 Coil-May
  • 2,730
  • 2,590

Learn more