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China s curbs on steel output drive iron ore demand

On Monday night iron ore prices for delivery to China monitored by Platts The Steel Index rose $ or per cent to a three month high of $ a tonne

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Chinese steel mills win domestic iron ore pricing in some

BHP which used Mysteel for spot cargoes in 2024 said it was committed to the development of a range of credible iron ore indices The use of Mysteel Iron Ore Index supports BHP s wish to meet customer demand and ensure transparent and robust pricing it said in an emailed statement Fortescue did not comment directly on price formulas but said it has been working with customers in China its largest

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Chinese steel mills win domestic iron ore pricing in some

China imported a record billion tonnes of iron ore in 2024 worth about $80 billion at current prices accounting for more than 80 percent of the country s total consumption Miners have previously adopted indices other than Platts for spot market or electronic platform sales including the Metal Bulletin Iron Ore Index < IO62 CNO=MB> but annual contracts make up the bulk of sales

Iron ore prices tumble on China s weak export data

Global mining companies took a hit Monday as the price of iron ore saw its Iron ore prices tumble on China s weak export data China s iron ore imports

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Iron ore price soars past $61 per tonne to fresh 3 month

The import price for 62% iron content fines at the port of Qingdao added nearly a dollar to $ a tonne data from The Metal Bulletin Index shows taking

Iron Ore Price Surge Unprecedented as China Buoys Market

· Watch video· The price of iron ore delivered to China surged 19 percent on Monday the most in daily data going back to 2024 after Chinese policy makers showed a

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