Steel Market Intelligence » iron mining https://www.michelleapplebaum.com/blog Analytical Steel Industry Expertise Wed, 09 Apr 2014 19:25:37 +0000 en-US hourly 1 Iron Ore Price Drops to Five-Month Low https://www.michelleapplebaum.com/blog/?p=4106 https://www.michelleapplebaum.com/blog/?p=4106#comments Mon, 06 May 2013 15:23:23 +0000 http://www.michelleapplebaum.com/blog/?p=4106 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

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4106 0 Iron Ore Price Falls to Two-Month Low https://www.michelleapplebaum.com/blog/?p=4092 https://www.michelleapplebaum.com/blog/?p=4092#comments Mon, 29 Apr 2013 15:13:55 +0000 http://www.michelleapplebaum.com/blog/?p=4092 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

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4092 0 Iron Ore Price Down from One-Month High https://www.michelleapplebaum.com/blog/?p=4056 https://www.michelleapplebaum.com/blog/?p=4056#comments Mon, 22 Apr 2013 16:51:52 +0000 http://www.michelleapplebaum.com/blog/?p=4056 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

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4056 0 Iron Ore Price Climbs to One-Month High https://www.michelleapplebaum.com/blog/?p=4028 https://www.michelleapplebaum.com/blog/?p=4028#comments Mon, 15 Apr 2013 20:30:04 +0000 http://www.michelleapplebaum.com/blog/?p=4028 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

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4028 0 Iron Ore Price Falls Back https://www.michelleapplebaum.com/blog/?p=4006 https://www.michelleapplebaum.com/blog/?p=4006#comments Mon, 08 Apr 2013 19:25:12 +0000 http://www.michelleapplebaum.com/blog/?p=4006 The spot reference price for 62% Fe iron ore cfr North China fell 1.0% to $135.90 for the week ending April 5, 2013 and was some 14.5% below the recent high of $158.90 on February 20.

The spot price for iron ore averaged $148.20/tonne in 1Q13, some 22.9% higher than 4Q12’s $120.57/tonne. The full-year 012 average was $128.30/tonne.

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

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4006 0 Iron Ore Falls for the Third Straight Week https://www.michelleapplebaum.com/blog/?p=3933 https://www.michelleapplebaum.com/blog/?p=3933#comments Mon, 11 Mar 2013 12:55:08 +0000 http://www.michelleapplebaum.com/blog/?p=3933 The spot reference price for 62% Fe iron ore cfr North China fell 2.9% to $146.30 for the week ending March 8, 2013 and moved down another 1.5% to $144.10 on Monday – down some 9.3% from the recent high of $158.90 reached on February 20, 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

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=3933 0 Iron Ore Continues Climb https://www.michelleapplebaum.com/blog/?p=3837 https://www.michelleapplebaum.com/blog/?p=3837#comments Fri, 01 Feb 2013 21:40:44 +0000 http://www.michelleapplebaum.com/blog/?p=3837 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

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