Understanding the high-grade iron ore market

the sintering stage, lump commands a price premium over fines of the same quality. This 'direct-charge' premium can vary depending on market conditions, including the relative supply ratio …

IRON ORE DAILY: Lump prices rise amid tight supplies

Globalore, 70,000 tonnes of 62.5% Fe Pilbara Blend lump, traded at the February average of a 62% Fe index plus a lump premium of $0.2880 per dry metric tonne unit, laycan …

Platts Steel Markets Daily | S&P Global Commodity Insights

— Develop inherently strong pricing and business strategy with daily in-depth coverage of iron ore that includes 47 daily price assessments covering fines, lump, and pellet, details of the day's …

Iron ore pricing explained

Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.

Estimating the lump to fines composition split in iron …

alumina, than the fines product. The lump and fines composition targets are set accordingly, to reflect the average difference between lump and fines compositions. The proportion of lump generated, and the composition difference between lump and fines, is referred to as the "lump algorithm". The composition of the original ore, before ...

Iron ore pricing explained

In the early days of iron ore's derivatives market development, the Singapore Mercantile Exchange (SMX) was one of the first exchanges to offer a futures contract, based on Metal Bulletin's 62% Fe index in 2011. The Singapore Exchange (SGX) also launched a low-grade iron ore contract settled against Met…

Lump premium may head into negative territory as iron ore …

Iron ore lump is premium product over fines as it could be charged directly into blast furnaces, saving sintering costs and reducing pollution. However, market sources …

Iron ore lump premium widens with firmer demand

The premium is for every 1pc Fe unit in lump above the underlying 62pc fines index. The lump premium at 46.4¢/dmtu on 16 March equated to an outright price of $175.25/dmt for lump, based on the underlying ICX 62pc fines index at $146.50/dmt cfr Qingdao. Lumps transactions and bids were aggressive, shoring up premiums.

Understanding the high-grade iron ore market

the sintering stage, lump commands a price premium over fines of the same quality. This 'direct-charge' premium can vary depending on market conditions, including the relative supply ratio of lump and fines, and the imperative that mills may have to reduce the high levels of particulate pollution that sintering generates.

NMDC Ltd

Q3FY24. The price hike momentum continues with additional price increase of Rs. 200/tonne in Jan'24 which is reflective of strength in international iron ore prices. The total price hike of Rs. 950/tonne over Sep'23 to Jan'24 translates into 20%/26% increase in NMDC's iron ore lump/fines price to Rs. 5,600/Rs. 4,910

IRON ORE DAILY: Prices continue to rise on active port trading

Pilbara Blend fines were traded at 890-920 yuan per wmt in Shandong province, Tangshan and Lianyungang city on Monday, compared with 850-880 yuan per wmt on last Friday. The latest range is equivalent to about $128-132 per tonne in the seaborne market.

India Iron Ore: Average Sale Price: Fines: 55

India Iron Ore: Average Sale Price: Fines: 55 - 58% Fe data was reported at 3,019.000 INR/Ton in Oct 2024. This records an increase from the previous number of 2,938.000 INR/Ton for Sep 2024. India Iron Ore: Average Sale Price: Fines: 55 - 58% Fe data is updated monthly, averaging 1,537.000 INR/Ton (Median) from Feb 2011 to Oct 2024, with 164 observations.

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Lump premium may head into negative territory as iron ore fines …

Iron ore lump is premium product over fines as it could be charged directly into blast furnaces, saving sintering costs and reducing pollution. However, market sources observed lower valuations for lump ores compared to medium grade fines at Chinese ports.

IRON ORE DAILY: Lump prices rise amid tight supplies

Globalore, 70,000 tonnes of 62.5% Fe Pilbara Blend lump, traded at the February average of a 62% Fe index plus a lump premium of $0.2880 per dry metric tonne unit, laycan February 5-14. Globalore, 80,000 tonnes of 62% Newman fines, traded at $167.50 per tonne cfr China, laycan February 1-10.

Iron ore lump premium widens with firmer demand

The Argus 62pc Fe iron ore lump premium has doubled since early January, breaking above 40¢/dry metric tonne unit (dmtu) and hitting 47.4¢/dmtu on 14 March, the highest level since …

Platts Steel Markets Daily | S&P Global Commodity Insights

— Develop inherently strong pricing and business strategy with daily in-depth coverage of iron ore that includes 47 daily price assessments covering fines, lump, and pellet, details of the day's trading activity, market commentaries, and news.

The iron ore lump premium price

The Platts spot iron ore lump premium assessment by S&P Global Commodity Insights (IOCLP00) is of the premium a lump cargo commands over the price of fines as defined by the Platts 62% Fe Iron Ore Index, or IODEX.

IRON ORE DAILY: Prices continue to rise on active port trading

Pilbara Blend fines were traded at 890-920 yuan per wmt in Shandong province, Tangshan and Lianyungang city on Monday, compared with 850-880 yuan per wmt on last …

SBB Steel Markets Daily

AsiaSeaborne lump premium increases Seaborne iron ore prices decreased on muted trading activity ... On July 31, Platts assessed Pilbara Blend Fines port stock price at Yuan 880/wmt FOT North China and Yuan 878/wmt FOT East China, with the spread between them narrowing to Yuan . SBB Steel Markets Daily August 1, 2023

Iron Ore Prices, Latest Price, Chart, Historical & Forecast

A shipment of 120,000 MTof PB Fines and 50,000 MT of PB Lump sold at a floating price. North America Iron ore prices are expected to fall 20% year on year to 130 USD/MT in 2022.

Iron ore lump premium widens with firmer demand

The Argus 62pc Fe iron ore lump premium has doubled since early January, breaking above 40¢/dry metric tonne unit (dmtu) and hitting 47.4¢/dmtu on 14 March, the highest level since last July. The premium is for every 1pc Fe unit in lump above the underlying 62pc fines index.

Iron ore lump premium 62% Fe cfr Qingdao prices | Iron ore …

Argus brings transparency to the global metal markets through its independent price assessments and unbiased reporting. Access these prices - request a trial or demo.

Iron Ore Prices, Latest Price, Chart, Historical & Forecast

The Kallanish KORE 62 % Fe index rose to 119.01 USD/dmt CFR Qingdao while 65% Fe index rose to 139.81 USD/dmt CFR. A shipment of 120,000 MTof PB Fines and 50,000 MT of PB Lump sold at a floating price. North America. Iron ore prices are expected to fall 20% year on year to 130 USD/MT in 2022.

IRON ORE DAILY: Prices continue to rise on active port trading

62% Fe fines, cfr Qingdao: $135.03 per tonne, up $11.65 per tonne 62% Fe low-alumina fines, cfr Qingdao: $139.10 per tonne, up $12.15 per tonne ... especially now the price-performance ratio of iron ore lump is better than for iron ore pellet, which has prompted some buyers to switch to consuming more iron ore lump," a buyer source in ...

Gap for 62-65% Fe iron ore narrows amid stronger demand for mid-grade fines

The increase in availability of iron ore lump in the market has softened the pressure on lump prices. Lump premiums are expected to start winding down after hike seen at the end of May. A trader source based in Ningbo. Trades/Offers/Bids heard in the market ... Port prices. Pilbara Blend fines were traded at 985-1,000 yuan per wmt in Shandong ...

Pellet, lump premiums defy seasonal lull by rising amid high …

Direct feed premiums are expected to defy expectations of a typical season lull in March, with market participants expecting continued strength throughout the month.