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
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
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
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
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
