Steel Market Intelligence » china iron demand

Iron Ore Ends Week Down After Hitting Highest Level in over a Year

Steel Market Intelligence — Fri, 22 Feb 2013 16:00:27 +0000

The spot reference price for 62% Fe iron ore cfr North China fell 1.0% to $153.60 for the week ending February 22, 2013 after hitting the highest level since October 2011 on Wednesday.

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 Climbs for the Third Straight Week

Steel Market Intelligence — Mon, 11 Feb 2013 22:06:39 +0000

The spot reference price for 62% Fe iron ore cfr North China rose 1.2% to $155.10 for the week ending February 8, 2013 but closed down 2.1% from the 15-month high $158.50 on 1/8/2013.

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 Continues Climb

Steel Market Intelligence — Fri, 01 Feb 2013 21:40:44 +0000

The spot reference price for 62% Fe iron ore cfr North China rose 3.1% to $153.20 for the week ending February 1, 2013 but closed down 3.3% from the 15-month high $158.50 on 1/8/2013.

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