Posts Tagged: ‘iron demand’

Iron Ore Price Increases for Third Straight Week

June 25, 2013 Posted by Steel Market Intelligence

The spot reference price for 62% Fe iron ore cfr North China rose 4.4% to $118.60 for the week ending June 21, 2013, up for the third consecutive week since hitting an eight-month low of $110.40.

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 Increases from Eight-Month Low

June 17, 2013 Posted by Steel Market Intelligence

The spot reference price for 62% Fe iron ore cfr North China rose 2.4% to $113.60 for the week ending June 14, 2013, climbing for the second consecutive week from the recent eight-month low of $110.40 on May 31.

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

June 5, 2013 Posted by Steel Market Intelligence

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

May 29, 2013 Posted by Steel Market Intelligence

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

May 20, 2013 Posted by Steel Market Intelligence

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

May 13, 2013 Posted by Steel Market Intelligence

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

May 6, 2013 Posted by Steel Market Intelligence

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

April 29, 2013 Posted by Steel Market Intelligence

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

April 22, 2013 Posted by Steel Market Intelligence

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

April 15, 2013 Posted by Steel Market Intelligence

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