USD-RMB: 6.3482  HKD-RMB: 0.81139  EUR-RMB: 7.8276  AUD-RMB: 4.9762 Feb 26, 2018 Monday
  • China Iron Ore Mining
  • Steelmaking in China
  • Steel Mills' Inventory
  • China Iron Ore Import

A Study of Iron Ore Mining & Exploration in China

The Study of Iron Ore Mining & Exploration in China helps you:

1. Analyze current capacity, competitors and market opportunities;

2. Identify geographical undersupply or overproduction on a products by product basis;

3. Gain a solid foundation for China iron ore mining cost;

4. Obtain an insight into factors driving the iron ore mining...Full Details

Breaking News
Imported Iron Ore | Domestic Iron Ore | Macro Poilcy | Shipping
Umetal Daily
Imported Iron Ore | Domestic Iron Ore
Umetal Insight
Umetal Insight | Weekly Review | Monthly Analysis
Imported Iron Ore
Seaborne Iron Ore Price
Physical Market Reports
Transactions | Miners' Tender | COREX | GlobalORE
Iron Ore Stocks
Port Stock | Mills' Inventory
China Stat.
Imp. | Production
Your location: Iron Ore
   
Key Iron Ore Indicator
Iron Ore Trading Signals


Exclusive Report-Trading Signals/Buy & Sell on Iron Ore

US$ 1=RMB 6.
3019

On Feb 5, 2018 (To be continued)

COREX Iron Ore Trade Data on Feb 5, 2018

Fe(%)

Product

Price

61.4

Jimblebar fines

Mar platts index-6.4

GlobalORE Iron Ore Trade Data on Feb 5, 2018

Fe(%)

Product

Price (US$/dmt)

62

Newman fines

76

China's Report of Imported Iron Ore Transaction on Feb 5, 2018

Product

Spot Cargo

Price (RMB/tonne)

61.5%-Fe PB fines

Jingtang

535

58.5%-Fe FB fines

Jingtang

355

65%-Fe Ukraine concentrates

Caofeidian

730

61.5%-Fe PB fines

Caofeidian

535

61.5%-Fe PB fines

Tianjin

565

58.5%-Fe FB fines

Rizhao

355

56.5%-Fe SSF

Rizhao

315

61.3%-Fe MAC fines

Qingdao

533

Umetal Brief:

Morning offers of spot market resources held steady today and partial traders raised spot market prices under growing futures prices. PB lumps and FB fines transaction prices stand at RMB627/tonne and RMB535/tonne respectively in Shandong. Transaction volume basically moves stable. Transaction volume of mainstream lumps goes up obviously in Shandong and traders are bullish towards the lumps prices in the following market.    

Many steel mills expressed that their spot purchases would drop before the Spring Festival as market participants have basically finished the stock replenishment previously. Some small-sized steel mills show purchasing desire and their purchase would not large. Their purchases focus on mainstream middle & high grade resources.

Many traders said that spot market is largely affected by hedging and thus spot market sees large changes. Some large-sized traders expressed that steel mills� purchase have been settled before the holiday. Only a few steel mills have purchasing desire. Spot market transactions show flat performance today and steel mills� enquiries are brisk, while real purchases witness small amount. Mainstream resources prices are likely to climb up in the short term.

UMETAL EXPRESS Trading Signals on Iron Ore on Dec 15, 2017

Exclusive Report-Trading Signals/Buy & Sell on Iron Ore

US$ 1=RMB 6.
6113

On Dec 15, 2017 (To be continued)

COREX Iron Ore Trade Data on Dec 15, 2017

Fe(%)

Product

Price

65

IOCJ

Jan MB 65% Brazilian Index+1.05

65

IOCJ

Jan MB 65% Brazilian Index+1.05

62.9

Newman fines

Jan Platts 62% +2.80

65

IOCJ

Jan MB 65% Brazilian Index+1.10

61

PB fines

68.7

China's Report of Imported Iron Ore Transaction on Dec 15, 2017

Product

Spot Cargo

Price (RMB/tonne)

61.5%-Fe PB fines

Jingtang

510

61.3%-Fe Jimblebar fines

Jingtang

468

62%-Fe Newman lumps

Caofeidian

585

61.5%-Fe PB fines

Caofeidian

515

65%-Fe IOCJ

Caofeidian

630

61.5%-Fe PB fines

Tianjin

530

61.5%-Fe PB fines

Rizhao

490

61.5%-Fe PB fines

Rizhao

502

Umetal Brief:

Morning offers of traders basically stood stable today. Partial traders had desire to deliver cargos and reduced their offers by RMB5-10/tonne, with the price decline focusing on lumps. Spot market is obviously pushed up by the futures market in the afternoon and many traders adjust their morning offers, driving up transaction prices. Transaction prices for PB fines at ports Tangshan and Shandong stand at RMB501-515/tonne and RMB490-502/tonne respectively.

Iron ore spot market shows brisk performance, while the real transactions have great difference compared with that of yesterday. Lumps prices see continuous decline influenced by the market demand. Transaction prices for lumps have dropped by RMB5-10/tonne this afternoon. Traders are generally pessimistic towards the following lumps market and said the prices have further downward room. Market transactions still focus on middle and high grade fines supported by demand of steel mills. Traders are bullish towards the coming market trend in the short term. It’s expected that iron ore fines will rise further in the short run underpinned by demand and PB fines prices may reach RMB540/tonne.

Today's Poll

What's your expectation on China's iron ore market trend in short term?
Buoyant
Sluggish
Stable
Market Indicators
Foreign Quote | Spot Price | Domestic Iron Ore | Freight Rate
Imported VS. Domestic Ore
62.5% Newman 66% domestic concentrates at Tangshan Price Gap
583 615 -32
Remark: DMT, tax included, deliver to mills in cash.
Port Stocks
Region 2018-2-9 7-day Change
Total 152.27 1.08
Australia 82.72 7.86
Brazil 35.48 1.32
Trading 97.98 4.26
Remark: million tonnes.
Domestic Iron Ore
Dry Shipping
More...Buy & Sell