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Iron ore eyes fifth weekly fall in six, open interest in futures at record

Spot iron ore prices were headed for a fifth weekly fall in six after swooping to their lowest in almost a year, underlining concerns over rising supply in top buyer China.

6-12-2017 15:24:05

Despite a short-term reversal, iron ore prices will still go lower in the end

Iron ore prices have had a poor performance for a few months, tumbling from close to $95/mt in late February to below $56/mt earlier this week, leaving it languishing at an 11-month low.

6-12-2017 14:52:47

Spread between steel and iron ore prices expected to narrow down

The latest customs data show that China’s steel export momentum weakened and that its iron ore import volume and price both ascended.

6-12-2017 14:04:04

China's third batch of oil products export quotas increased by 172% to 9.06 million mt

According to JLC, the third batch of oil product export quotas for processing trading were released recently, with the quotas totaled 9.06 million mt, up by 172% against the second batch and

6-12-2017 13:34:01

Zhanjiang Steel's total pig iron output exceeds 10 mln mt

Zhanjiang Steel’s two blast furnaces had produced over 10 million mt of pig iron as of June 11th, 2017 since its No. 1 Blast Furnace was put into trial production on September 25th 2015, m

6-12-2017 10:45:27

Four companies won the 1st batch business qualification of international ship bonded oil

The certificate award ceremony of business qualification for international navigation ship bonded oil in China (Zhejiang) Pilot Free Trade Zone was held on June 8th in the General Service Ha

6-12-2017 10:41:30

PP market might decline in June owing to the imbalance between supply and demand

1. Overview on PP market in May In May 2017, PP market held a downtrend generally and the price rebounded in late May.

6-9-2017 17:45:00

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