Industry News

Iron ore price up on supply concerns in China

Views : 153
Update time : 2021-12-02 18:08:04

The iron ore price advanced on Wednesday, buoyed by supply concerns.

Some border cities in China’s Inner Mongolia region and Heilongjiang province have halted non-container imports by rail for commodities including coal, iron ore, copper ore and zinc to reduce risks amid a recent resurgence of covid-19 infections.

According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $104.49 a tonne, up 1.9% from Tuesday’s closing.

Related News
Read More >>
Global primary aluminum market has surplus of 226,300 tons in Apr Global primary aluminum market has surplus of 226,300 tons in Apr
Jun .20.2025
Global primary aluminum market has surplus of 226,300 tons in Apr
China's aluminum-related output has steady growth in May China's aluminum-related output has steady growth in May
Jun .20.2025
China's aluminum-related output has steady growth in May
US extends AD & CVD duties on China’s aluminum wire and cable US extends AD & CVD duties on China’s aluminum wire and cable
Jun .20.2025
US extends AD & CVD duties on China’s aluminum wire and cable
China's steel exports surging, expected to hit 120 million tons in 2025 China's steel exports surging, expected to hit 120 million tons in 2025
Jun .20.2025
China's steel exports surging, expected to hit 120 million tons in 2025