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Iron ore prices to maintain firm footing through Q2 peak demand season | Hellenic Shipping News Worldwide

Iron ore prices to maintain firm footing through Q2 peak demand season | Hellenic Shipping News Worldwide
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Key trends in iron ore market amid volatile trading environment in 2021 | Hellenic Shipping News Worldwide

Volatility gripped the iron ore market last year. Huge price movements saw multi-year highs followed by steep falls as supply and demand whiplashed over the course of the months. With the past year now firmly behind us, let’s take a closer look at how the spot market fared throughout 2021. S&P Global Commodity Insights’ Platts .

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Q1 iron ore demand supported after steel output resumes end-2021 | Hellenic Shipping News Worldwide

This report is part of the S&P Global Platts Metals Trade Review series, where we dig through datasets and digest some of the key trends in iron ore, alumina, steel and scrap, and metallurgical coal. We also explore what the next few months could bring, from supply and demand shifts, to new arbitrages, and to .

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Iron ore prices remain under pressure from Chinese demand shock | Hellenic Shipping News Worldwide

Asian iron ore prices are set to continue to face downward pressure from Chinese steel output curbs and power shortages in the fourth quarter after a dramatic price correction in Q3. The iron ore index IODEX fell 46% in Q3 as widespread steel output curbs in China forced mills to resell contracted iron ore volumes, .

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Iron ore price rebounds as China steel output hits all-time high

Iron ore price rebounds as China steel output hits all-time high Stock Image. Iron ore prices climbed back on Monday as China’s steel output hit a record high despite the government’s pledge to curb annual production to reduce pollution and increase costs from raw materials. Crude steel output in April rose to 97.9 million tonnes to hit monthly and daily run-rate records. Sign Up for the Iron Ore Digest Sign Up The robust pace of production also lifted the year-to-date tally to 375 million tonnes, a 16% jump compared to same period last year. This comes as iron ore stockpiles at Chinese ports declined for the third week, indicating strength in demand.

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