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Iron ore futures climbed back above 200 a ton as soaring steel production in China showed there s no sign of the industry cooling despite government attempts to rein in output from last year
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MMi Daily Iron Ore Report February 19 As of February 19 iron ore inventories across 35 ports tracked by SMM totaled 119.85 million mt an increase of 1.96 million mt from pre CNY level and 8.16 million mt year on year The increase was contributed by some ports in Shandong Tangshan and Yangtze River region.
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The price of iron ore Australia s biggest export has surged to an all time high as aggressive infrastructure focused stimulus programs in China fuel booming demand for the key steel making
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China wants to lower its steel production this year but that could prove difficult In the first half of 2021 Chinese steel mills have churned out nearly 12 more crude steel compared to the
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Iron ore miner Fortescue Metals has provided some comfort that the large build up of steel inventories in China over the past few weeks could be quickly soaked up by stimulus packages and the
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BEIJING Benchmark iron ore futures in China slumped more than 4per cent to their lowest since March 24 as increase in portside inventories and curbs on steel production weighed on prices Iron
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Iron ore rallied after manufacturing data from China showed another expansion in the world s largest steel industry as mills churn out record volumes helping the raw material cap its first back
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China s iron ore imports fell for a third straight month in June to their lowest in 13 months official customs data showed on Tuesday as arrivals of the key steelmaking ingredient missed market
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Iron Ore Price Chart China Iron Ore Price Today Shanghai China iron ore port stocks declined as steel mills stockpiled ahead of the holiday Stocks across 35 Chinese ports totalled 115.41 million mt as of January 3 down 1.63 million mt from a week ago Mianhu Copper s 100 000 mt/year of copper rod capacity to come Get Price
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Iron ore is really having a large economic impact on China s manufacturing industry Mr Cai said He said the CCP s number one goal would be to drive down prices to help the Chinese economy.
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China steel mills cut back on high grade iron ore as Jan 14 2020 China s appetite for high grade iron ore this winter looks set to drop from the peaks hit in recent years as steel mills try to cut costs and prop up profit margins weighed down China s appetite for high grade iron ore this winter looks set to drop from the peaks hit in recent years as steel mills try to cut costs and prop up
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1 day ago The backlog of imported iron ore at Chinese ports has hit a five year high amid sluggish demand as China reins in its massive steel manufacturing sector
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Iron Ore Import Export Statistics More Iron Ore Stocks Statistics More Jul 26 China iron ore concentrate import by country in June Jul 26 China iron ore lumpy import by country in June 2021 Jul 26 China iron ore import by country in June 2021 Jul 26 China iron ore pellet import by country in June 2021 Jul 16 Pakistan Iron ore exports by companies in June 2021
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