Iron Ore Stories

Week-in-Review: More Anti-Dumping Duties, Aren’t We All in This Together?

​This week, we asked if cheap Chinese steel imports are really that bad for the U.S.?

  • Major Regions Iron Ore Price (Weekly)
  • Imported Iron Ore Spot Price (Weekly)
  • Iron Ore Output by Region (Weekly)
  • Iron Ore Import Volume (Monthly)
Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 43-44 43.7 1 USD/mt 3-month old
India(63.5%, CIF) 49-50 49.7 1 USD/mt 3-month old
Australia(61.5%, FOB) 45-46 45.9 1 USD/mt 3-month old
Australia(61.5%, CIF) 48-49 48.9 1 USD/mt 3-month old
Brazil(65%, FOB) 45-46 45.8 1 USD/mt 3-month old
Brazil(65%, CIF) 51-52 51.8 1 USD/mt 3-month old

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Products output Change Unit Date Trend
Beijing 78.30 -5.40 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 3036.74 -209.43 10,000mt 3-month old
Shanxi 377.44 -26.03 10,000mt 3-month old
Inner Mongolia 327.41 -22.58 10,000mt 3-month old
Liaoning 765.75 -52.81 10,000mt 3-month old
Jilin 90.92 -6.27 10,000mt 3-month old
Heilongjiang 15.47 -1.06 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 7.49 -0.52 10,000mt 3-month old
Zhejiang 3.67 -0.26 10,000mt 3-month old
Anhui 316.83 -21.85 10,000mt 3-month old
Fujian 132.53 -9.14 10,000mt 3-month old
Jiangxi 161.63 -11.14 10,000mt 3-month old
Shandong 103.92 -7.16 10,000mt 3-month old
Henan 114.31 -7.88 10,000mt 3-month old
Hubei 201.84 -13.92 10,000mt 3-month old
Hunan 46.59 -3.22 10,000mt 3-month old
Guangdong 70.95 -4.90 10,000mt 3-month old
Guangxi 22.96 -1.58 10,000mt 3-month old
Hainan 31.51 -2.18 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1509.79 -104.12 10,000mt 3-month old
Guizhou 29.87 -2.06 10,000mt 3-month old
Yunnan 111.84 -7.72 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 145.10 -10.00 10,000mt 3-month old
Gansu 91.01 -6.28 10,000mt 3-month old
Qinghai 0.00 0.00 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 30.16 -2.08 10,000mt 3-month old

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Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 43-44 43.7 1 USD/mt 3-month old
India(63.5%, CIF) 49-50 49.7 1 USD/mt 3-month old
Australia(61.5%, FOB) 45-46 45.9 1 USD/mt 3-month old
Australia(61.5%, CIF) 48-49 48.9 1 USD/mt 3-month old
Brazil(65%, FOB) 45-46 45.8 1 USD/mt 3-month old
Brazil(65%, CIF) 51-52 51.8 1 USD/mt 3-month old

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Products output Change Unit Date Trend
Beijing 78.30 -5.40 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 3036.74 -209.43 10,000mt 3-month old
Shanxi 377.44 -26.03 10,000mt 3-month old
Inner Mongolia 327.41 -22.58 10,000mt 3-month old
Liaoning 765.75 -52.81 10,000mt 3-month old
Jilin 90.92 -6.27 10,000mt 3-month old
Heilongjiang 15.47 -1.06 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 7.49 -0.52 10,000mt 3-month old
Zhejiang 3.67 -0.26 10,000mt 3-month old
Anhui 316.83 -21.85 10,000mt 3-month old
Fujian 132.53 -9.14 10,000mt 3-month old
Jiangxi 161.63 -11.14 10,000mt 3-month old
Shandong 103.92 -7.16 10,000mt 3-month old
Henan 114.31 -7.88 10,000mt 3-month old
Hubei 201.84 -13.92 10,000mt 3-month old
Hunan 46.59 -3.22 10,000mt 3-month old
Guangdong 70.95 -4.90 10,000mt 3-month old
Guangxi 22.96 -1.58 10,000mt 3-month old
Hainan 31.51 -2.18 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1509.79 -104.12 10,000mt 3-month old
Guizhou 29.87 -2.06 10,000mt 3-month old
Yunnan 111.84 -7.72 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 145.10 -10.00 10,000mt 3-month old
Gansu 91.01 -6.28 10,000mt 3-month old
Qinghai 0.00 0.00 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 30.16 -2.08 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 43-44 43.7 1 USD/mt 3-month old
India(63.5%, CIF) 49-50 49.7 1 USD/mt 3-month old
Australia(61.5%, FOB) 45-46 45.9 1 USD/mt 3-month old
Australia(61.5%, CIF) 48-49 48.9 1 USD/mt 3-month old
Brazil(65%, FOB) 45-46 45.8 1 USD/mt 3-month old
Brazil(65%, CIF) 51-52 51.8 1 USD/mt 3-month old

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Products output Change Unit Date Trend
Beijing 78.30 -5.40 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 3036.74 -209.43 10,000mt 3-month old
Shanxi 377.44 -26.03 10,000mt 3-month old
Inner Mongolia 327.41 -22.58 10,000mt 3-month old
Liaoning 765.75 -52.81 10,000mt 3-month old
Jilin 90.92 -6.27 10,000mt 3-month old
Heilongjiang 15.47 -1.06 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 7.49 -0.52 10,000mt 3-month old
Zhejiang 3.67 -0.26 10,000mt 3-month old
Anhui 316.83 -21.85 10,000mt 3-month old
Fujian 132.53 -9.14 10,000mt 3-month old
Jiangxi 161.63 -11.14 10,000mt 3-month old
Shandong 103.92 -7.16 10,000mt 3-month old
Henan 114.31 -7.88 10,000mt 3-month old
Hubei 201.84 -13.92 10,000mt 3-month old
Hunan 46.59 -3.22 10,000mt 3-month old
Guangdong 70.95 -4.90 10,000mt 3-month old
Guangxi 22.96 -1.58 10,000mt 3-month old
Hainan 31.51 -2.18 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1509.79 -104.12 10,000mt 3-month old
Guizhou 29.87 -2.06 10,000mt 3-month old
Yunnan 111.84 -7.72 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 145.10 -10.00 10,000mt 3-month old
Gansu 91.01 -6.28 10,000mt 3-month old
Qinghai 0.00 0.00 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 30.16 -2.08 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 43-44 43.7 1 USD/mt 3-month old
India(63.5%, CIF) 49-50 49.7 1 USD/mt 3-month old
Australia(61.5%, FOB) 45-46 45.9 1 USD/mt 3-month old
Australia(61.5%, CIF) 48-49 48.9 1 USD/mt 3-month old
Brazil(65%, FOB) 45-46 45.8 1 USD/mt 3-month old
Brazil(65%, CIF) 51-52 51.8 1 USD/mt 3-month old

View all >>

Products output Change Unit Date Trend
Beijing 78.30 -5.40 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 3036.74 -209.43 10,000mt 3-month old
Shanxi 377.44 -26.03 10,000mt 3-month old
Inner Mongolia 327.41 -22.58 10,000mt 3-month old
Liaoning 765.75 -52.81 10,000mt 3-month old
Jilin 90.92 -6.27 10,000mt 3-month old
Heilongjiang 15.47 -1.06 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 7.49 -0.52 10,000mt 3-month old
Zhejiang 3.67 -0.26 10,000mt 3-month old
Anhui 316.83 -21.85 10,000mt 3-month old
Fujian 132.53 -9.14 10,000mt 3-month old
Jiangxi 161.63 -11.14 10,000mt 3-month old
Shandong 103.92 -7.16 10,000mt 3-month old
Henan 114.31 -7.88 10,000mt 3-month old
Hubei 201.84 -13.92 10,000mt 3-month old
Hunan 46.59 -3.22 10,000mt 3-month old
Guangdong 70.95 -4.90 10,000mt 3-month old
Guangxi 22.96 -1.58 10,000mt 3-month old
Hainan 31.51 -2.18 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1509.79 -104.12 10,000mt 3-month old
Guizhou 29.87 -2.06 10,000mt 3-month old
Yunnan 111.84 -7.72 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 145.10 -10.00 10,000mt 3-month old
Gansu 91.01 -6.28 10,000mt 3-month old
Qinghai 0.00 0.00 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 30.16 -2.08 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 43-44 43.7 1 USD/mt 3-month old
India(63.5%, CIF) 49-50 49.7 1 USD/mt 3-month old
Australia(61.5%, FOB) 45-46 45.9 1 USD/mt 3-month old
Australia(61.5%, CIF) 48-49 48.9 1 USD/mt 3-month old
Brazil(65%, FOB) 45-46 45.8 1 USD/mt 3-month old
Brazil(65%, CIF) 51-52 51.8 1 USD/mt 3-month old

View all >>

Products output Change Unit Date Trend
Beijing 78.30 -5.40 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 3036.74 -209.43 10,000mt 3-month old
Shanxi 377.44 -26.03 10,000mt 3-month old
Inner Mongolia 327.41 -22.58 10,000mt 3-month old
Liaoning 765.75 -52.81 10,000mt 3-month old
Jilin 90.92 -6.27 10,000mt 3-month old
Heilongjiang 15.47 -1.06 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 7.49 -0.52 10,000mt 3-month old
Zhejiang 3.67 -0.26 10,000mt 3-month old
Anhui 316.83 -21.85 10,000mt 3-month old
Fujian 132.53 -9.14 10,000mt 3-month old
Jiangxi 161.63 -11.14 10,000mt 3-month old
Shandong 103.92 -7.16 10,000mt 3-month old
Henan 114.31 -7.88 10,000mt 3-month old
Hubei 201.84 -13.92 10,000mt 3-month old
Hunan 46.59 -3.22 10,000mt 3-month old
Guangdong 70.95 -4.90 10,000mt 3-month old
Guangxi 22.96 -1.58 10,000mt 3-month old
Hainan 31.51 -2.18 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1509.79 -104.12 10,000mt 3-month old
Guizhou 29.87 -2.06 10,000mt 3-month old
Yunnan 111.84 -7.72 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 145.10 -10.00 10,000mt 3-month old
Gansu 91.01 -6.28 10,000mt 3-month old
Qinghai 0.00 0.00 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 30.16 -2.08 10,000mt 3-month old

View all >>

iron ore Prices Chart

Iron Ore Publications

Iron-ore Publications
China Iron Ore Weekly Monitor-20160524
China Iron Ore Weekly Monitor-20160524
China’s State Council proposed in February this year to eliminate coal capacity by around 500 million mt with 3-5 years, and to slash crude steel capacity by 100-150 million mt within 5 years.
China Iron Ore Weekly Monitor-20160517
China Iron Ore Weekly Monitor-20160517
Resource tax on iron ore will be calculated based on sales value of ROM or concentrate rather than on sales volume of ROM, with tax rate ranging 1%-6%.

Iron Ore Prices Introduction

Iron Ore Publications

China Iron Ore Weekly Monitor-20160524

China’s State Council proposed in February this year to eliminate coal capacity by around 500 million mt with 3-5 years, and to slash crude steel capacity by 100-150 million mt within 5 years.

Hot Iron Ore Products

CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 654.61 657.23 654.9
HKD 84.27 84.59 84.33
100JPY 594.62 598.8 597.06
EUR 731.12 736.26 733.34
GBP 958.11 964.85 960.59
Date: 2016-05-27

Source: spot exchange rate at UTC 10:55 am every day on the website of Bank of China