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Posts Tagged: ‘China Iron’
Iron Ore Price Posts Nominal Pick-up
The spot reference price for 62% Fe iron ore cfr North China rose 0.5% to $110.90 for the week ending June 7, 2013 but remained near an eight-month low and is some 30.2% below the recent peak of $158.90 on February 20, 2013.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Drops Near Eight-Month Low
The spot reference price for 62% Fe iron ore cfr North China fell 10.4% to $110.40 for the week ending May 31, 2013, the lowest since October 8, 2012 and some 30.5% below the recent high of $158.90 on February 20.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Up Slightly From Five-Month Low
The spot reference price for 62% Fe iron ore cfr North China rose a nominal 0.1% to $123.20 for the week ending May 24, 2013, up from last week’s five-month low of $123.10.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Falls Back to Five-Month Low
The spot reference price for 62% Fe iron ore cfr North China fell 5% to $123.10 for the week ending May 17, 2013, decreasing from last week’s price of $129.60 to the lowest price since December 7, 2012.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Rises Modestly From Five-Month Low
The spot reference price for 62% Fe iron ore cfr North China rose 1.2% to $129.60 for the week ending May 10, 2013, increasing from last week’s price of $128.10, which was the lowest since December 13, 2012.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Drops to Five-Month Low
The spot reference price for 62% Fe iron ore cfr North China fell 4.5% to $128.10 for the week ending May 3, 2013, dropping from last week’s price of $134.10 to the lowest level since December 13, 2012.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Falls to Two-Month Low
The spot reference price for 62% Fe iron ore cfr North China fell 2.8% to $134.10 for the week ending April 26, 2013 versus last week’s price of $138.00 and the lowest price since February 20, 2013.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Down from One-Month High
The spot reference price for 62% Fe iron ore cfr North China fell 2.1% to $138.00 for the week ending April 19, 2013, dropping slightly from last week’s price of $141.00, which was the highest since March 12, 2013.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, and $120.57 in 4Q12; this compares to an average of $128.30 for full-year 2012.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
Iron Ore Price Climbs to One-Month High
The spot reference price for 62% Fe iron ore cfr North China rose 3.8% to $141.00 for the week ending April 12, 2013, the highest since March 12, 2013, but still some 11.3% below the 2013 high of $158.90 on February 20.
The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, and $120.57 in 4Q12; this compares to an average of $128.30 for full-year 2012.
The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.
Source: The Steel Index
