Overview | Labrador Iron Ore

IOC is one of North America's leading producers and exporters of premium iron ore pellets and high-grade concentrate, and is among the top five producers of seaborne iron ore pellets in the world. It has been producing and processing iron ore from its current facilities in Labrador City, Newfoundland and Labrador since 1962.

Iron ore – 5 things to watch in 2020 | Wood Mackenzie

Wood Mackenzie identifies five trends that will impact the iron ore industry. Slower demand growth (especially in China) and a decent recovery in seaborne supply will continue to feature prominently in the iron ore industry in 2020. Prices will fall, with annual average price forecast for 2020 at $80/t.

Trade review: Soaring iron ore prices set to face hurdles in Q1

Seaborne iron ore prices defied the usual late year seasonal slowdown to hit multi-year highs in the final quarter of 2020, with demand fueled by strong steel margins and high output -- but margin pressures and the seasonal Lunar New Year holiday slowdown are likely to take the heat out of the rally in the first quarter of 2021.

Global seaborne iron ore supplies are dwindling

Canada's seaborne iron ore exports peaked in 2020 and have been declining since. In the 12 months of 2020, Canadian iron ore exports rose 10.3% year-on-year to 56.6 million tonnes from 51.4 million tonnes in 2019. This in itself was up 8.4% from 47.4 million tonnes in 2018. In 2021, however, Canada only exported 53.1 million tonnes …

Asia's iron ore fundamentals on firmer footing as prices …

Seaborne iron ore prices picked up speed to exceed the $110/dmt CFR China mark Aug. 21, a three-week high, backed by a recovery in demand-supply fundamentals coupled with increasing clarity around China's steel production control and volumes, market sources told S&P Global Commodity Insights.

Seaborne iron ore

China's seaborne demand of iron ore is expected to amount to around 999 million metric tons in 2017. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to ...

Time-varying spillovers and dependencies between iron ore…

The relationships between iron ore, carbon emissions, seaborne transportation, and steel stock prices are subject to demand and supply shocks. In terms of the findings in the price spillover, before 2016, relatively high prices of iron ore provided substitute opportunity and demand for scrap steel, causing high correlations between …

Seaborne Iron Ore Market Softens | E & MJ

Seaborne iron ore trade in 2020 increased by 4.5%, up 68 million mt, to 1.547 billion mt. Global production of iron ore pellets in 2020 decreased to 524 million mt, down 4.5% …

Rio Tinto Group: The Pullback In Iron Ore Prices Creates A …

Rio Tinto Group is the largest iron ore producer in the world, with 80% of profits coming from the iron ore market. RIO stock has been influenced by the spot price of iron ore on the seaborne market.

Iron ore pricing explained

Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references. By contrast, the beneficiated ore segment – comprising pellet and concentrate – is smaller in terms of …

GRAPHIC-Spread between seaborne, port iron ore prices …

The average for the month of August so far of the price difference between seaborne iron ore with 62% iron content and supplies at Chinese ports was $9.42 a tonne as of Monday, S&P Global Platts ...

Simandou build expected to start in 2024 after almost 30 …

Set to be the world's largest new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line. Simandou build expected to start in 2024 after almost 30 years of ...

Asia's iron ore fundamentals on firmer footing as prices scale …

Seaborne iron ore prices picked up speed to exceed the $110/dmt CFR China mark Aug. 21, a three-week high, backed by a recovery in demand-supply …

Estimation of Shipment Size in Seaborne Iron Ore Trade

the seaborne trade volume of iron ore in 2018: Figure 7.Iron ore circulation in 2018 (Line's transparency indicates the volume of the trade. The

Iron Ore: Prices and Seaborne Volumes on the Rise

Iron Ore 63.5% Fe – USD per tonne (2017-2022) It is not only prices for iron ore that had a solid start to the year. Global seaborne export volumes of the commodity …

Iron ore poised to hit $150 in 2024 on Chinese stimulus

The annual price range of seaborne iron ore from 2019 to 2024 https://tmsnrt.rs/3sZn09N. China iron ore imports in 2023 set to be the highest since 2020 https://tmsnrt.rs/3uJqVIg.

(PDF) Iron Ore Shipping Review

Seaborne Iron Ore trade b. World economy vs Iron Ore trade c. Average haul d. Random shocks e. Transport costs III. The supply side of the market a. The merchant fleet b. New building & second ...

Iron Ore Index (IODEX) Explained | S&P Global Commodity …

Platts collected 939 spot seaborne iron ore transactions in 2020 and 1,015 in 2019. In 2020, Platts published 21,102 heards. Due to the complexity and variety of data collected, Platts aligns reported market information to the base standard reflected in Platts price assessments through normalization.

Transportation output of iron ore in global seaborne trade

Coal - global seaborne trade 2010-2021; Global seaborne trade - iron ore 2010-2020; Transport volume of worldwide maritime trade 1990-2021; Loaded and unloaded tonnage in worldwide maritime trade ...

China in risky bet to test its power in iron ore markets

To put China's dependence on those two suppliers in perspective, seaborne iron ore imports in July are estimated at 99.61 million tonnes by commodity consultants Kpler. Of this, Australia is set ...

World Seaborne Trade by Cargo Type, 1970-2021

Major dry bulks are iron ore, grain, and coal. The variety of the cargo handled by maritime shipping has substantially expanded, but raw materials, weight-wise, still dominate maritime trade. For instance, iron ore, coal, and grain account for 28% of the ton-miles, while other dry cargoes, which mostly include containers, accounted for 40%.

Seaborne Iron Ore Trade Steady, While Ton-Mile Demand …

T. he global seaborne iron ore trade has remained quite steady over the past year and a half, but changes in ton-mile demand are making a difference, with Japan a prime example of that.. In its ...

Custeel

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About | Mopi

MOPI`s iron ore is, proven, a high quality material with: - Low grade of phosphorus - Low grade of SiO 2 and Alumina - High-grade product for direct reduction required by industry ... Seaborne Iron Ore Trades (Lump, Sinter And Pellet Feed) Mining Project Roadmap to Production. Mopi's Research Center: Pilot Plant

Understanding US iron ore production | CRU

The cost of getting iron ore in and out of the Great Lakes is simply too high for any major trade to take place with the rest of the world. Therefore, the USA remains a very marginal player in the seaborne iron …

Iron Ore Index (IODEX) Explained | S&P Global Commodity …

Deep and robust data is a cornerstone of IODEX. Platts collected 939 spot seaborne iron ore transactions in 2020 and 1,015 in 2019. In 2020, Platts published 21,102 heards. Due …

Iron ore market service

Given China's dominance of global seaborne iron ore demand, the impact on pricing is pronounced. The big hit occurs in 2022: our price forecast has been cut to $90/t CFR. Smaller downward adjustments have been applied for subsequent years with 62% Fe fines forecast to average $72/t CFR (in real terms) between 2023-25.

Global Seaborne Iron Ore Trade in 2023

Global iron ore consumption, as per data collated by BigMint, stood at 2.51 bnt in CY'23 compared with 2.25 bnt in CY'22 – an increase of close to 12% y-o-y. This necessarily explains the rise in seaborne trade in CY'23. Factors driving seaborne trade. Higher imports by China: China increased its imports of iron ore by nearly 7% in CY ...

China portside iron ore – a new paradigm in futures hedging

Iron ore portside fines 62% Fe (PCX) fot Qingdao assessment by Argus. Iron ore portside fines 62% Fe (PCX) seaborne equivalent assessment by Argus. The seaborne equivalent price is converted from the Iron ore portside fines 62% Fe (PCX) fot Qingdao by adjusting for moisture content, VAT, port fees, and converting from RMB into …

Higher iron ore pellet premiums needed to ensure seaborne …

Seaborne pellet premiums were this week squeezed by the surge in fines prices. S&P Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index assessment at $59.45/dry mt CFR North China on April 21, down 85 cents from April 14, after adjusting to a 65% Fe basis.