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The iron ore market moves fast, driving critical industries like steelmaking. Shaped by factors such as supply, demand, geopolitics and sustainability, it presents continuous challenges for businesses aiming to stay ahead.
Fastmarkets provides the clarity you need to navigate this dynamic market. Backed by decades of expertise and up-to-the-minute data, we deliver insights that empower you to make confident, informed decisions.
Timely, verified information is the key to staying ahead in a competitive landscape. Fastmarkets delivers essential updates on prices, supply chains and industry developments, ensuring you’re always well-informed and ready to act. Our comprehensive coverage includes:
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The global iron ore market is at a turning point as quality becomes a critical focus. While steelmakers race toward cleaner production methods that require higher-grade ore, the supply side tells a different story. Declining grades and rising impurities are forcing market participants to reassess traditional benchmarks and adopt new pricing methodologies that reflect the realities of today’s traded material.
Iron ore is now the new pawn in international geopolitics, with China now pushing yuan-based payments for imported iron ore
Boston Metal is pioneering carbon-free steel production through its molten-oxide electrolysis technology, securing key partnerships and demonstrating industrial milestones in Brazil, Finland and the US. The company’s progress in anode durability and scalability positions it at the forefront of green steel innovation.
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Iron ore 62% Fe Australia-origin lump ore premium, cfr Qingdao, US cents/dmtu
High-grade iron ore, 0.5% Si VIU, cfr Qingdao, $/tonne
Iron ore 61% Fe fines, cfr Qingdao, $/tonne
Iron ore spot 67.5% Fe magnetite-hematite pellet feed price differential, cfr Qingdao, $/tonne
Iron ore 65% Fe concentrate premium, cfr Qingdao, $/tonne
Iron ore 67.5% Fe pellet feed, cfr Qingdao, $/tonne
Iron ore 67.5% Fe pellet feed premium, cfr Qingdao, $/tonne
Iron ore DR-grade pellet premium indicator, $/tonne
Pig iron, import, cfr China, $/tonne
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