Iron Ore Stories

China Steel Capacity Elimination to Target Intermediate Frequency Furnace Next Year, SMM Reports

During a onsite survey November 24-27 in Xuzhou, Lianyungang and Suqian, Jiangsu Province,the State Council’s environmental protection team founded low-quality steel and illegal steel capacity.

Note: The output data are not available as the National Bureau of Standards (NBS) has stopped releasing such data since March 2016.

  • Major Regions Iron Ore Price (Weekly)
  • Imported Iron Ore Spot Price (Weekly)
  • Iron Ore Output by Region (Monthly)
  • Iron Ore Import Volume (Monthly)
Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 52-53 53.4 0.45 USD/mt 3-month old
India(63.5%, CIF) 60-61 61.4 0.45 USD/mt 3-month old
Australia(61.5%, FOB) 54-55 54.75 0.2 USD/mt 3-month old
Australia(61.5%, CIF) 59-60 59.75 0.2 USD/mt 3-month old
Brazil(65%, FOB) 57-58 57.6 -0.4 USD/mt 3-month old
Brazil(65%, CIF) 68-69 68.6 -0.4 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)) 52-53 53.4 0.45 USD/mt 3-month old
India(63.5%, CIF) 60-61 61.4 0.45 USD/mt 3-month old
Australia(61.5%, FOB) 54-55 54.75 0.2 USD/mt 3-month old
Australia(61.5%, CIF) 59-60 59.75 0.2 USD/mt 3-month old
Brazil(65%, FOB) 57-58 57.6 -0.4 USD/mt 3-month old
Brazil(65%, CIF) 68-69 68.6 -0.4 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)) 52-53 53.4 0.45 USD/mt 3-month old
India(63.5%, CIF) 60-61 61.4 0.45 USD/mt 3-month old
Australia(61.5%, FOB) 54-55 54.75 0.2 USD/mt 3-month old
Australia(61.5%, CIF) 59-60 59.75 0.2 USD/mt 3-month old
Brazil(65%, FOB) 57-58 57.6 -0.4 USD/mt 3-month old
Brazil(65%, CIF) 68-69 68.6 -0.4 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)) 52-53 53.4 0.45 USD/mt 3-month old
India(63.5%, CIF) 60-61 61.4 0.45 USD/mt 3-month old
Australia(61.5%, FOB) 54-55 54.75 0.2 USD/mt 3-month old
Australia(61.5%, CIF) 59-60 59.75 0.2 USD/mt 3-month old
Brazil(65%, FOB) 57-58 57.6 -0.4 USD/mt 3-month old
Brazil(65%, CIF) 68-69 68.6 -0.4 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)) 52-53 53.4 0.45 USD/mt 3-month old
India(63.5%, CIF) 60-61 61.4 0.45 USD/mt 3-month old
Australia(61.5%, FOB) 54-55 54.75 0.2 USD/mt 3-month old
Australia(61.5%, CIF) 59-60 59.75 0.2 USD/mt 3-month old
Brazil(65%, FOB) 57-58 57.6 -0.4 USD/mt 3-month old
Brazil(65%, CIF) 68-69 68.6 -0.4 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

Over this past week, base metals fell across the board after surging in a very short time. Chinese yuan remains on its downward track, while the US dollar has gained rising momentum especially after h

Over this past week, base metals surged across the board, with six major products all hitting multi-year highs. The US dollar dived after Trump won US presidential election, but later rebounded stro

Iron Ore Prices Introduction

Iron Ore Top Stories

Iron Ore Publications

China Base Metal Briefing 20161118

Over this past week, base metals fell across the board after surging in a very short time. Chinese yuan remains on its downward track, while the US dollar has gained rising momentum especially after h

Hot Iron Ore Products

CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 687.35 690.11 687.94
HKD 88.6 88.94 88.7
100JPY 602.46 606.69 603.73
EUR 732.43 737.57 733.78
GBP 864.7 870.77 866.1
Date: 2016-12-02

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