using lme steel to track prices of iron ore

We sincerely welcome you to contact us through hotlines and other instant communication ways.


Contact us here


Metal price outlook: When the going gets tough

Firstly, Chinese stainless steel producers have proved resistant to climbing LME nickel prices. Along with the backward integration, it is safe to say we underestimated the degree that nickel-pig-iron (NPI) and refined nickel prices could diverge. NPI went from a premium value to discounts as high as $1500/mtu, alleviating the pressure on stainless.

Get Price

Precious Metals Industrial Metals: Learn How To Trade

Manufacturers use these metals to make electronic components, jewelry, dental equipment and catalytic converters among other things. Investors, on the other hand, collect coins and bars made out of precious metals. This second use – as investments – makes precious metals the objects of intense speculation in commodity markets.

Get Price

Iron Ore

About the Price. Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price

Get Price

Low demand, high input cost hit pig iron makers

Pig iron is the solid form of hot iron metal, obtained by smelting iron ore with coke. Though most integrated steel plants use this intermediate for steel making, they also set aside some quantity to sell in the domestic as well as international markets, to be used in electric arc furnaces and in foundries.

Get Price

Iron ore pricing explained

Consumption of iron ore products can also be constrained by the end-use application that the steel producer is designing its product for. Typically, higher-grade flat steel products require higher-quality raw material inputs with lower impurities to ensure that they are applicable to

Get Price

Iron ore: Steel companies upset over hike in iron ore

Steel companies upset over hike in iron ore prices. It will spiral inflationary trend as steel prices will go up to absorb the increased prices of fines," the industry source said. "It will also severely impact steel production by smaller producers as cost increase and additional cash flow will restrict production.

Get Price

Global iron ore, steel prices likely to shoot up with

Global iron ore prices, however, are expected to go up, with the demand for the raw material in China expected to rise, as the country's steel players are focusing on the domestic infrastructure sector. China is the world's largest producer and consumer of steel. "There will be a drop in Chinese steel

Get Price

Iron Ore Steel

Hedge against iron ore price drops; Steel Mills. Secure long term fixed prices to lock in input cost; Manage exposure to volatile spot iron ore prices whilst retaining supply certainty with preferred producers; Traders. Hedge future physical sales and purchases; Protect a physical stock position against a fall in prices; Contracts: Iron ore futures and swaps contract specifications links: SGX; CME Steel

Get Price

Metal Bulletin

Metal Bulletin. COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT THE PERMISSION OF THE PUBLISHER Price Book. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets 's pricing analysis tool. Steel Billet stocks LME conversion rate GBP LME conversion rate YEN LME conversion rate EURO LBMA silver spot

Get Price

London Metal Exchange: LME Steel Scrap

LME closing prices curve. LMEselect $0.50 $0.01 Inter-office $0.01 $0.01 This is a summary of the contract specifications. For full contract specification details, please refer to the LME Rulebook and for other information, please refer to our disclaimer page. Note that all contracts are subject to the LME's rules and regulations and LME Clear span margining.

Get Price

Latest Ferro Manganese Price In Indian Market

Disclaimer: SteelMint has taken due care and caution in compilation of content for its web site. Information is just for reference not intended for trading purpose or to address your particular requirement. The content includes facts, views, and opinions are of individuals and not that of the website or its management.

Get Price

Iron ore futures are flying as Chinese steel prices surge

Iron ore futures are flying as Chinese steel prices surge again. According to Metal Bulletin, the price for benchmark 62% fines soared 1.6% to $74.12 a tonne last Friday, leaving it sitting at the highest level since April 11 this year. Last week it surged 7.8%, extending its rally from mid-June to 38.9%.

Get Price

Tsunami, spring tide, or high tide? The growing importance

this floor price in China currently ranges between USD 200 and USD 250 per MT. Assuming a long-term iron ore price of USD 60-80 per MT and coking coal price of. USD 110-130 per MT, the equilibrium price for scrap delivered to the steel mill 3 would fall. to between USD 210 and USD 240 per metric ton.

Get Price

Iron Ore And Coking Coal News, Prices and Analysis

Iron ore prices. The current pricing data is only available to subscribers, please login to see the data or take a trial. Metal Bulletin Price Book contains over 950 global metal prices including steel prices and scrap prices. Please enter your email address below to start a

Get Price

Platts Steel Price List

Capesize Iron Ore. Disclaimer: Platts prices are intended solely for use as guidelines. They should not be relied upon to make (or refraining from making) any business investment or other decision. Platts is not responsible for any use of the Content by you. It is solely your responsibility to evaluate the accuracy,

Get Price

Scrap Prices, News and Analysis

Scrap Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date scrap prices, scrap market analyses and scrap forecasters, as it closely follows the main ferrous scrap markets such as the US, Russia, the UK, Europe, the Baltic countries and China.

Get Price

London Metal Exchange: Ferrous

Like LME Steel Rebar and LME Steel Scrap, the new cash-settled contracts were designed in close consultation with the steel community to meet their risk-management needs. All our ferrous contracts are underpinned by leading and carefully selected index providers, and are tradable on LMEselect and via the inter-office market out to 15 months.

Get Price

Stainless Steel Prices and Nickel News, LME, Steel Pricing

Nickel continues to trade around the 200 day MVA currently at $6.12/lb. Stainless steel price indexes in China show prices running about 3% higher than this time last year, and up 3/4 of 1% in the last month. The steel price index however shows steel prices in a decline since the

Get Price

Steel Iron Ore

Steel prices are rising on cost-push factors: Steel prices have bottomed out in the beginning of this year spurred by higher iron ore prices. Major steel mills are raising selling prices proactively to pass on the cost burden from iron ore prices to steel prices in 2Q19.

Get Price

Iron ore price buoyed as China demand picks up

Jul 14, 2017Iron ore price buoyed as China demand picks up. The world's leading steel producer imported 94.7m tonnes of iron ore in June, up from 91.5m tonnes in May for a total of 539m tonnes in the first six months of the year, according to customs data. If that level of buying is sustained in the second half of the year,

Get Price

Steel prices rise with iron determination

Pressure from overcapacity is receding in the steel sector. The Chinese authorities' initiatives to curb steel capacity seem to be bearing fruit. Global steel prices jumped almost 8%, while the prices of raw materials for manufacturing steel (iron ore and coking coal

Get Price

Steel makers uneasy over iron ore price surge as steel

NMDC under pressure to cut iron ore prices for April. Iron ore lump prices went up from Rs 4925 to Rs 5175 per tonne in the month. On y-o-y basis, the iron ore fines rate has surged by 113 per cent (from Rs 1125 to Rs 2400/tonne) and the lump price has increased by 97 per cent (from Rs 2625 to Rs 5175 per tonne). In four months

Get Price

Iron ore pricing explained

Consumption of iron ore products can also be constrained by the end-use application that the steel producer is designing its product for. Typically, higher-grade flat steel products require higher-quality raw material inputs with lower impurities to ensure that they are applicable to the end-product they are used in.

Get Price

Scrap

Aug 21, 2019The traditionally strong correlation between ferrous scrap and iron ore has been eroded by global trade upheavals and economic troubles in Turkey, the largest import market for steel scrap. Previously, the relationship between ferrous scrap and iron ore prices often meant price

Get Price

Platts steel prices, steel price data, steel price information

The Steel Raw Materials package is comprised of over 850 ferrous prices including: Iron ore (includes Platts IODEX and TSI 62% Fe iron ore prices – widely-accepted by both the financial and physical communities in the settlement of contracts) Steel products (rebar, billet, HRC/CRC etc) by region: Asia, EMEA and Americas

Get Price

Platts steel prices, steel price data, steel price information

Access to all Platts and TSI steel, scrap and iron ore global price assessment data, including both Platts IODEX and TSI's benchmark 62% Fe iron ore prices Prices for: fresh steel and raw materials, metallurgical coal, ferroalloys, non-ferrous, light, major, minor and precious metals

Get Price

A practical Guide to Managing risk Along the Steel Supply

purchase price of $150. If you had not hedged you would have incurred a real loss of $40/mt for purchasing the required Iron Ore. It is now June and the price for Iron Ore has fallen to $100/mt Using Options Financial Bought 500,000mt of Calendar 2012 $140 strike calls linked toTSI or Platts for $10/mt, cleared through CME ClearPort

Get Price

Iron Ore 62% FE

Iron Ore 62% fe increased 23.71 USD/MT or 33.37% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore 62% FE reached an all time high of 188.90 in February of 2011 and a record low of 38.54 in December of 2015. Iron ore prices refer to Iron Ore Fine China Import 62 percent grade Spot

Get Price

Steel: Learn How To Trade It at Commodity

Blast Furnace – Basic Oxygen Furnace (BF – BOF): This method uses iron ore, coal, and some recycled steel. Iron ores are reduced to iron and then converted to steel in blast furnaces. Steelmakers cast and roll the steel and deliver it as coils, plates, sections or bars. The BF – BOF method accounts for about 75% of global steel production.

Get Price

LME Steel Billet Cash, 3

The 3-month price of steel billet was off by 16.7 percent on the LME on Thursday, falling to $175.00 per metric ton. Check out the downward spiral of the 3-month contract since Nov. 2012: Chinese steel prices were mixed for the day. The price of iron ore 58% fines from India remained rangebound.

Get Price

Renovation projects

Lorem ipsum dolor sit amet consectetur adipiscing elitsed do eiusmod tempor incididunt utlabore et dolore magna aliqua. Utenim ad minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillume.


Hydrogen powered turbine engine installation

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

London Google Technology and innovation hub

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

The Lightwire offices in New mexico

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

San Francisco Sport and fitness studio

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

Renovation projects

Lorem ipsum dolor sit amet consectetur adipiscing elitsed do eiusmod tempor incididunt utlabore et dolore magna aliqua. Utenim ad minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillume.


Hydrogen powered turbine engine installation

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

London Google Technology and innovation hub

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

The Lightwire offices in New mexico

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

San Francisco Sport and fitness studio

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

Interiors projects

Lorem ipsum dolor sit amet consectetur adipiscing elitsed do eiusmod tempor incididunt utlabore et dolore magna aliqua. Utenim ad minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillume.


Hydrogen powered turbine engine installation

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

London Google Technology and innovation hub

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

The Lightwire offices in New mexico

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

San Francisco Sport and fitness studio

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

Consulting projects

Lorem ipsum dolor sit amet consectetur adipiscing elitsed do eiusmod tempor incididunt utlabore et dolore magna aliqua. Utenim ad minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillume.


Hydrogen powered turbine engine installation

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

London Google Technology and innovation hub

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

The Lightwire offices in New mexico

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...

San Francisco Sport and fitness studio

Lorem ipsum dolor sitamet, consectetur adipisicing elito, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qrem aperiamo ...