WebDec 22, 2024 · He also cautioned Fortescue was exposed to growing price discounts on the lower-grade iron ore it produces. According to Mr Cleary, Fortescue’s five-year bull run can extend well into the future ... WebJan 19, 2024 · The price saw dramatic drops in the past decade, from 139.87 U.S. dollars per dry metric ton unit in March 2013 to 40.50 U.S. dollars per dmtu in December 2015. Since …
Iron Ore - 2024 Data - 2007-2024 Historical - 2024 …
Web2 days ago · In a further sign that iron ore demand is beginning to bounce back, China’s daily hot metal output grew to 2.43 million tonnes in the week of March 31, up nearly 4% from late February, data from ... WebJan 12, 2024 · Iron ore prices started 2024 hovering around the US$93 per tonne mark, with the first quarter seeing the base metal hit its lowest point of the 12 month period at … solar nails lithia
Fundamentals support strong iron ore prices in 2024: Platts …
WebAnother $200–250 per ton is expected for coil; the question is whether the rapid collapse continues, meaning steel prices fall fast and reach a bottom by the end of 2024, or whether the remaining decline stretches into 2024. WebApr 12, 2024 · All our ferrous contracts are underpinned by two leading and carefully selected index providers, S&P Global Platts and Argus Media. With the physical market at the centre of what we do, we have a long-standing and close relationship with the steel and steel raw material industries. WebNov 16, 2024 · The Iron Ore market in the U.S. is estimated at 32.7 Million Metric Tons in the year 2024. The country currently accounts for a 1.5% share in the global market. China, … slurry spreading rules ireland 2021