Iron ore market
Follow the critical developments facing the iron ore market, including iron ore market forecasts and analysis
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.
Tapping the iron ore market
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:
- Iron ore price trends and forward-looking forecasts
- Policy and trade developments shaping the market
- Sustainability and emissions trends driving demand shifts
- Insights into mining production and export data
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Jinnan Iron & Steel Group is the latest company to join the push to expand China’s steelmaking footprint in the Middle East and is working with Brazil’s Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.
Nickel pig iron (NPI) prices in China continued to climb in the week to Friday October 18, on an increase in tradbg amid positive sentiment, sources told Fastmarkets.
There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.
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Pig iron basic grade, Brazil, fob New Orleans, $/tonne
Pig iron foundry grade, Brazil, fob New Orleans, $/tonne
Iron ore DR-grade pellet premium, quarterly contract, $/tonne
Iron ore 62% Fe fines, 0.01% P VIU, cfr Qingdao, $/tonne
Direct reduced iron domestic, exw India, rupees/tonne
Pig iron import, cfr Italy, $/tonne
Iron ore 65% Fe fines, % Fe VIU, cfr Qingdao $/tonne
Iron ore 62% Fe fines, % Al2O3 VIU, cfr Qingdao, $/tonne
Pig iron import, cfr Gulf of Mexico, US, $/tonne
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