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Here’s why the Iron ore and copper prices are surging - MSNCopper and iron ore prices have started the year well even as the US dollar index and government bond yields surged. Iron ore, which is used in the steell manufacturing industry, soared above $100 ...
In a market commentary published on November 18, BMI notes that iron-ore (62% iron content) prices at Qingdao port are currently hovering below $100/t at about $95.7/t as of November 8, with the ...
SINGAPORE, Jan 20 (Reuters) - A key iron ore price index rose to its highest since April 2010 and offers in Asia rose 1 percent on Thursday on pre-Lunar New Year buying by Chinese steelmakers and ...
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The new AM61 and AM62 prices will be published monthly as an average of Argus and Mysteel assessments for 61% and 62% Fe iron ore on a delivered to Qingdao basis, calculated on the final Singapore ...
Fitch's BMI Research maintained its 2025 iron ore price forecast at an annual average of $100/tonne, with prices expected to be weighed down by a subdued demand outlook while remaining supported ...
Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.
Iron ore prices gained more than 60% between late 2022 and the end of 2023. This is a fraction of the increase in the first year of the pandemic when panic stocking and supply disruptions tripled ...
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