Steel Market Intelligence » iron prices https://www.michelleapplebaum.com/blog Analytical Steel Industry Expertise Wed, 09 Apr 2014 19:25:37 +0000 en-US hourly 1 Iron Ore Down Marginally for the Week https://www.michelleapplebaum.com/blog/?p=3914 https://www.michelleapplebaum.com/blog/?p=3914#comments Mon, 04 Mar 2013 23:44:38 +0000 http://www.michelleapplebaum.com/blog/?p=3914 The spot reference price for 62% Fe iron ore cfr North China fell 0.9% to $150.60 for the week ending March 1, 2013 and moved down another 1.2% to $148.8 on Monday – down some 6.4% 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=3914 0 Iron Ore Price Up Marginally Last Week https://www.michelleapplebaum.com/blog/?p=3780 https://www.michelleapplebaum.com/blog/?p=3780#comments Mon, 14 Jan 2013 22:57:59 +0000 http://www.michelleapplebaum.com/blog/?p=3780 The spot reference price for 62% Fe iron ore cfr North China Increased 0.6% to $154.90 for the week ending January 11, 2012 but closed down 2.1% from the 15-month high $158.50 on 1/8/2012.  The price has since moved down another 0.2% to $154.60 on Monday.

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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