Contract Size 500 dry metric tons One Iron Ore 62% Fe, CFR China (TSI) Futures Contract Price Quotation dollars and cents dollars and cents per dry metric ton Min. Fluctuation per dry metric ton Floating Price The floating price for each contract month is equal to the average price calculated for all available price assessments
A Dry Metric Tonne (Ton) Unit (dmtu) is the internationally agreedupon unit of measure for iron ore pricing. It has the same mass value as a metric tonne, but the material has been dried to decrease the moisture level. A dry metric ton unit consists of 1% of iron (Fe) contained in a tonne of ore, excluding moisture.
While OGPI and Philex Mining Corp. contributed 64,547 dry metric tons and 57,423 dry metric tons, respectively. Copper prices dropped by five percent to 4 per country's copper was shipped to China, Japan, and South Korea. The collective values of silver, chromite, and iron ore accounted for percent at billion.
In the last two years, the total volume of commodity flows was billion tonnes, with iron ore accounting for 60% of the volume and Australia remaining the top source country for Chinese bulk ...
Monthly price chart and freely downloadable data for Iron Ore. Price in Rand per Dry Metric Ton. 60 month history. Toggle navigation. Commodity Price Indices . Commodity Agricultural Raw Materials Index; ... Iron Ore Monthly Price Rand per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Sep 2023: (%)
The frontmonth Singapore contract SZZFc1 ended at a metric ton on Dec. 1, up 1% for the week and the highest close in 18 months. ... In the same week last year iron ore stockpiles were ...
Production volume of nickel direct shipping ore slipped 11 percent to million dry metric tons (dmt) from million dmt due to the production shortfall incurred by most nickel projects.
The easiest way to really know how to convert wet metric tonne to dry metric tonne is to keep track of how much water was originally added. Otherwise it is very... Dry Metric Tonne Unit. A Dry Metric Tonne (Ton) Unit (dmtu) is the internationally agreedupon unit of measure for iron ore pricing. It has the same mass value as a...
Cutbacks in 2014 were likely the result of decreasing iron ore prices around the world, which fell from a high of 168 dollars per dry metric ton in 2011 to a low of an estimated 55 ...
Reuters. December 5, 2023 at 5:17 AM. SAO PAULO, Dec 5 (Reuters) Brazilian miner Vale said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024 ...
Iron ore prices. For that commodity indicator, we provide data from January 1960 to October 2023. The average value during that period was dry metric ton unit with a minimum of dry metric ton unit in January 1968 and a maximum of dry metric ton unit in June 2021. Definition: The price of iron ore in USD per dry metric ton.
In terms of production, the volume of nickel direct shipping ore climbed by 23 percent to 32,877,858 dry metric tons. Its value surged by nearly 50 percent to billion. ADVERTISEMENT
Production is usually quoted in terms of wet metric tonnes (wmt), and the iron ore price is based on dry metric tonnes (dmt) To adjust from wet to dry tonnes, an 8% reduction is applied to the wet tonnes to adjust for moisture content It's important to understand whether something is being quoted in 'dmt' or 'wmt'
Monthly price chart and freely downloadable data for Iron Ore. Price in Canadian Dollar per Dry Metric Ton. 60 month history. Toggle navigation. Commodity Price Indices . Commodity Agricultural Raw Materials Index; ... Canadian Dollar per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Oct 2018 Sep 2023: (%)
Seaborne iron ore has a lead time of one to two months and reflects future supply/demand, with prices quoted in dollars per dry metric ton. By contrast, portside iron ore has a shorter lead time, typically of just a few days, meaning its price reflects the current supply/demand situation, while prices are quoted in renminbi (RMB) per wet ...
The * Base Price is based on an iron content of % (sixtytwo point zero percent) and shall be increased by US (US five) per dry metric ton for each 1% (one percent) the iron content of the Ore is above % (sixtytwo point zero percent), fractions pro rata.
The Government has with effect from 19 November 2022 rolled back export duty on iron ore pellets and steel products, including pig iron, flatrolled products of carbon steel and stainless steel, bars, rods and nonalloy steel, vide Notification No. 58/2022Customs, dated 18 November 2022. Export duty on iron ores with a grade higher than 58% has been reduced from 50% to 30%, while the lower ...
In depth view into Iron Ore Spot Price (Any Origin) including historical data from 1960 to 2023, charts and stats. Iron Ore Spot Price (Any Origin) (I:IOSPAO) USD/dmt for Oct 2023 Overview ... USD per Dry Metric Ton: Adjustment: N/A: Download Source File: Upgrade: Notes:
Monthly price chart and freely downloadable data for Iron Ore. Price in Philippine Peso per Dry Metric Ton. 60 month history. Toggle navigation. Commodity Price Indices . Commodity Agricultural Raw Materials Index; ... Philippine Peso per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Sep 2023: (%)
Iron ore futures traded in Singapore ended at a metric ton on Thursday, up slightly from the prior close of The price has eased slightly from the recent peak of a metric ton on Sept. 15, but remains 17% above the low of hit on Aug. 3.
Iron ore prices are firm on improved China demand, but loosening fundamentals point to a weaker second half. ... The SP Global Platts IODEX 62% Fe iron ore price rallied to per dry metric ton July 18 as Chinese steelmakers took advantage of favorable import margins to buy from the seaborne market rather than procure from portside ...
SAO PAULO, Dec 5 (Reuters) Brazilian miner Vale said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024, compared to about 315 million ...
The Sino Iron project started its first full year of commercial operation in 2017 produced and exported approximately 17 million wet metric tons of iron ore concentrate (Citic 2018 Annual Report). In 2018, Sino Iron shipped more than 19 million wet metric tons to CITIC's special steel plants and other Chinese and Asian steel mills (Citic 2018 ...
The contract is a financially settled futures contract referencing 'The Steel Index' ("TSI") iron ore price for "62% Fe fines delivered China". This contract is quoted in dollars and cents per dry metric ton. The contract is listed on a serial basis for 24 months. Each contract is 500 dry metric tons with a minimum tick size of
Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously %. Unit: US Dollars per Dry Metric Ton. Currency: Compare to: Source: Thomson Reuters Datastream, World Bank. See also: Mineral production statistics. See also: Top commodity suppliers. See also: Commodities glossary Definitions ...
Monthly price chart and freely downloadable data for Iron Ore. Price in US Dollars per Dry Metric Ton. 180 month history. Toggle navigation. Commodity Price Indices . ... Iron Ore Monthly Price US Dollars per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y 25y 30y. Oct 2008 Sep 2023: (%)
On iron ore, production volume and value increase from 15,898 dry metric tons with an estimated value of million to 44,133 dry metric tons with an estimated value of million, yearonyear a difference of 28,235 dry metric tons and million.
On the iron ore production, only Leyte Ironsand Project of MacArthur Iron Projects Corp/Strongbuilt Mining Development Corp. reported production with 28,474 dry metric tons with an estimated value of million. ... and value went down by 59% and 63% from 26,265 dry metric tons with an estimated value of million to 10,816 dry ...
per dry metric ton. Settlement Index. Iron ore portside fines 62% Fe (PCX) fot Qingdao assessment by Argus. Iron ore portside fines 62% Fe (PCX) seaborne equivalent assessment by Argus. The seaborne equivalent price is converted from the Iron ore portside fines 62% Fe (PCX) fot Qingdao by adjusting for moisture content, VAT, port fees ...
The Platts spot iron ore lump premium assessment by SP Global Commodity Insights (IOCLP00) is of the premium a lump cargo commands over the price of fines as defined by the Platts 62% Fe Iron Ore Index, or IODEX. This premium is assessed on a US dollar per dry metric ton unit CFR Qingdao basis, which is applied over the IODEX assessments.
1y 3y 5y max Indicators MountainChart Iron Ore Snapshot Prev. Close Open Day Low Day High 52 Week Low 52 Week High Iron Ore News...
Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1990 to Oct 2023 about ore, iron, World, and price. Global price of Iron Ore. ... Units: Dollars per Metric Ton, Not Seasonally Adjusted Frequency: Monthly . Notes: Value represents the benchmark prices which are representative of the global market. ...
Iron Ore Monthly Price US Dollars per Dry Metric Ton Range 6m 1y 5y 10y 15y 20y 25y 30y Apr 2023 Sep 2023: (%) Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 US Dollars per Dry Metric Ton
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