Iron Ore Top Stories

China Iron Ore Prices Have No Rising Momentum on Poor Trading, Steelease Says

The price of iron ore is expected to hold largely stable in China’s domestic market this week, Shanghai Metals Market’s ferrous branch Steelease foresees.

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

As 2015 May Day holiday falls on 1-3 May, there will be no update on SMM's website during the holiday period. Update will return to normal from May 4. Apologies for any inconvenience caused.

Iron-ore Publications

More

China Iron Ore Weekly Monitor 20150512

The SMM Mines Price Index averaged 72.42 last week, up 1.95% from the previous week. Domestic ore prices rose RMB 10-20/mt, with trading improving.


China Iron Ore Weekly Monitor 20150505

When combined with high crude steel output, demand for imported ore remains strong.


China Iron Ore Monthly Monitor April, 2015

SMM predicts that the recovery in utilization rate at Chinese iron mines should be limited in May.


CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 619.24 621.72 611.98
HKD 79.88 80.18 78.94
100JPY 502.24 505.76 499.1
EUR 672.54 677.26 667.35
GBP 951.33 958.01 944.03
Date: 2015-05-27

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