Iron Ore Top Stories

S&P announces significant cut in metals price forecasts for 2015-2017

The global rating agency Standard & Poor’s has revised its metal price forecasts for 2015-2017. The agency lowered its price forecast for all key commodities.

Major Regions Iron Ore Price (Weekly)

Regions Specification Average Prices (RMB/mt) Change (RMB/mt) Date
Zun Hua 66% Dry, VAT Included 830 -20 2010-09-30
Bei Jing 66% Dry, VAT Included 830 -20 2010-09-30
Wu An 64% Wet, VAT Excluded 835 -15 2010-09-30
Qian An 66% Dry, VAT Included 0 1970-01-01
Fan Shi 64% Wet, VAT Excluded 0 1970-01-01
Dai Xian 64% Wet, VAT Included 0 1970-01-01
Lou Fan 65% Wet, VAT Excluded 0 1970-01-01
Han Xing 66% Dry, VAT Excluded 0 1970-01-01
Bei piao 66% Wet, VAT Excluded 0 1970-01-01
An Shan 65% Wet, VAT Excluded 0 1970-01-01
Lin YI 65% Wet, VAT Excluded 0 1970-01-01
Zi Bo 65% Dry, VAT Included 0 1970-01-01

Notes

Imported Iron Ore Spot Price (Weekly)

Countries Specification Prices (USD/mt) Average (USD/mt) Change (USD/mt) Date
Australia 61.5%, FOB 0 0 1970-01-01
Brazil 65%, FOB 0 0 1970-01-01
India 63.5%, FOB 134 - 136 135 5 2010-09-03
Australia 61.5%, CIF 146 146 2 2010-09-03
Brazil 65%, CIF 154 154 1 2010-09-03
India 63.5%, CIF 151 - 153 152 6 2010-09-03

Notes

Iron Ore Output by Region (Monthly)

Regions Output(10,000 mt) Change(10,000 mt) Date
Beijing 171.6 0.00 2010-09-01
Tianjing 0 0.00 2010-09-01
Hebei 3,819.3 0.00 2010-09-01
Shanxi 585.5 0.00 2010-09-01
Inner Mongolia 688.6 0.00 2010-09-01
Liaoning 1,218.4 0.00 2010-09-01
Jilin 112.7 0.00 2010-09-01
Heilongjiang 35.1 0.00 2010-09-01
Shanghai 0 0.00 2010-09-01
Jiangsu 19.4 0.00 2010-09-01
Zhejiang 12.8 0.00 2010-09-01
Anhui 275.8 0.00 2010-09-01
Fujian 235.4 0.00 2010-09-01
Jiangxi 94.1 0.00 2010-09-01
Shandong 205 0.00 2010-09-01
Henan 107.2 0.00 2010-09-01
Hubei 112.7 0.00 2010-09-01
Hunan 39.9 0.00 2010-09-01
Guangdong 161.1 0.00 2010-09-01
Guangxi 19.5 0.00 2010-09-01
Hainan 50.5 0.00 2010-09-01
Chongqing 3.3 0.00 2010-09-01
Sichuan 797.6 0.00 2010-09-01
Guizhou 4 0.00 2010-09-01
Yunnan 162.3 0.00 2010-09-01
Tibet 0 0.00 2010-09-01
Shaanxi 31.8 0.00 2010-09-01
Gansu 87.8 0.00 2010-09-01
Qinghai 18.3 0.00 2010-09-01
Ningxia 0 0.00 2010-09-01
Xinjiang 281.6 0.00 2010-09-01

Notes

Iron Ore Import Volume (Monthly)

Products Quantity Date
Unsintered Iron Ores 5,646.25 2011-08-01
Sintered Iron Ores 261.42 2011-08-01
Pyrite 1.62 2011-08-01

Notes

SMM prices and its lists are owned by SMM Information & Technology Co., Ltd. and are protected by the "Copyright Law of The People's Republic of China", "Anti-Unfair Competition Law of The People's Republic of China" and other laws, regulations, and applicable international treaties, and shall not be modified, reprinted , reproduced, sold, transferred, performed, showed, projected, broadcasted, adapted, translated, compiled and transmitted through information network without written permission.

Steel Feature

China has introduced new export rebate policy on some products in 2015. What detailed information is about those adjustments, and how those changes will affect the related sectors?

Iron-ore Publications

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China Iron Ore Weekly Monitor 20150120

Import prices for iron ore fell again last week due to continuous declines in steel prices, and tend to extend loss in the short term.


China Iron Ore Weekly Monitor 20150113

SMM believes the season and environmental protection factors drove up import premiums for lump.


China Iron Ore Monthly Monitor December, 2014

The average cost of the mine was decreased by an average of 5.1%to RMB 548/mt in 2014 based on 80 iron ore mines interview.


CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 620.54 623.02 613.42
HKD 80.04 80.34 79.12
100JPY 523.62 527.3 518.99
EUR 704.18 709.12 697.95
GBP 930.27 936.81 922.83
Date: 2015-01-23

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