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Raw Material - Iron Ore
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Iron ore annual talk difficult on high spot prices
The recent strong spot iron ore market has made the annual iron ore talk even tough, as the negotiation has now entered the crucial period. On Mar. 8th, the offers of 63.5% Indian iron ore fines prevailed at $139-141/t, CFR, the domestic iron ore concentrate in Tangshan posted at Rmb1030/t. Meanwhile, the ocean freight also increased evidently, the BDI climbed to 3242 points on Mar. 5th, about 3.88% higher than a day earlier.
Iron ore talks still deadlocked
This year's iron ore benchmark talks will not end in agreement any time soon because Chinese steel mills will not accept a price that is higher than what the processed products can be sold for, Deng Qilin, the president of Wuhan Iron & Steel Group, said yesterday.
Big three miners to request 50% price hike, steel mills in heavy pressure
"The big three iron ore miners are requesting 50% hike for this year's benchmark prices" said an iron ore director from a Chinese major steel mill. Surely, if the request was finally fulfilled, the already difficult China steel industry would be squeezed further.

Daily Price
·Market price of iron ore concentrate in     Mar 10
·Market price of iron ore concentrate in     Mar 10
·Market price of iron ore concentrate in     Mar 10
·Market price of iron ore concentrate in     Mar 10
·Market price of iron ore concentrate in     Mar 10
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Price Summarization
·Summarization of iron ore price on Mar 1    Mar 10
·Summarization of iron ore price on Mar 9    Mar 09
·Summarization of iron ore price on Mar 8    Mar 08
·Summarization of iron ore price on Mar 4    Mar 04
·Summarization of iron ore price on Mar 3    Mar 03
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Others
Summarization of imported nickel ore price at major ports on Mar 10, 2010
Market price of imported iron ore at Qingdao Port
Market price of imported iron ore at Tianjin Port
Market price of imported iron ore at Rizhao Port
Market price of imported iron ore at Lianyungang Port
Market price of imported iron ore at Jingtang Port
Daily Spot Price Briefing of Iron Ore Imports
Import Price of Indian Iron Ore Fine on Mar 10
Daily Spot Price Briefing of Domestic Ore concentrate
Rio Tinto: No Deal Settled To Change 2010 Iron Ore Contract Dates
more>>
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