In 2023, Australia was China's largest supplier of iron ore by a significant margin, accounting for around 84 billion U.S.
In the monthly Iron Ore Commodity Briefing Service (CBS) report, S&P Global Commodity Insights discusses the iron ore market within the broader macroeconomic environment and provides supply, demand and price forecasts for a rolling five-year period. ➤ The Platts IODEX 62% F...
In November 2024, approximately 81.15 million metric tons of crude iron ore was extracted in China. Iron ore mining in China As the world's largest iron ore importing country since 2014, China's iron ore imports amount to over one billion metric tons
City Product Specification Price Change Unit Price Type Remark Hohhot/ Baotou iron ore concentrate 65.0% 733 - RMB/T Wet basis, Tax-excluded - Guyang iron ore concentrate 65.0% 635 - RMB/T Wet basis, Tax-excluded - Chifeng iron ore concentrate 66.0% 728 - RMB/T Wet basis, Tax-excluded ...
Iron ore and concentrate imports totalled 385 million mt in the first four months of 2023, a year-on-year growth of 8.6%, according to Customs data. Iron ore and concentrates imports totalled 90.44 million mt in April, a year-on-year growth of 5.1%. On overseas supply, a hurri...
Title: China iron ore import by country in November 2023, Summary: Country/Region Quantity (ton) Value (USD) Jan-Nov (ton) Jan-Nov (USD) Mozambique 0 0 0.032 1295 United Arab Emirates 97654.593 13080897 464953.465 56921204 Egypt 0 0 0.023 533 Venezuela
Closeup of construction site in China. Stock image. After a bullish start to 2023, iron ore is struggling with the reality that China’s property sector — the steelmaking material’s largest demand driver for two decades — is still far from a robust recovery. ...
The seaborne iron ore market was sideways at the beginning of last week but rebounded quickly late in the week. Be?ing held aPolitburo meeting last Friday to study economic policies for 2024 and market players speculated on the commodity market. The Kallanish KORE 62% Fe index and the KORE...
According to the Commodity Market Analysis System of SunSirs, the peak season of the LPG market in 2023 is not strong, and the off-season is even weaker. Taking the civilian LPG market in Shandong as an example, the average price at the beginning of the year was 5,014 RMB/ton, and ...
iron ore project in Western Australia with 2 billion US dollars joint investment. Construction is expected to begin in early 2023 with initial production anticipated in 2025. The mine is expected to unleash the huge production capacity of the Western Range, about 25 million tons of iron ore. ...