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Nov 18, 2019· Premiums for high-grade iron ore have remained relatively stable at 110%, the broker adds. Low-grade prices have been more volatile. While port stocks of iron ore have remain flat, suggesting a re-stocking of inventory is yet to occur, this presents a near-term catalyst for prices.
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Iron ore prices soared in the first half of 2019, with Fastmarkets’ iron ore 65% Fe blast furnace pellet index, cfr Qingdao, reaching a year-to-date high of $147.08 per tonne cfr Qingdao on July 5, up from $121.38 per tonne on January 4. Even so, Liao said the iron ore prices were not high enough to encourage much in terms of new capacity.
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Out of Tangshan's 33 steelmakers, 30 have already halved sintering, pelletizing, lime kiln and blast furnace operations since Oct. 10, according to Mysteel consultancy. Concerns about demand prospects for steel products and raw materials dragged down the Chinese iron ore benchmark by 2.5% over the past two sessions.
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Aug 13, 2019· Iron ore prices have peaked and will head lower from spot levels over the rest of the year as supply issues ease and Chinese demand temporarily softens due to current yuan strength, Fitch ...
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Lime is commonly used as a pH regulator and depressant against iron minerals during the flotation recovery of copper minerals from copper porphyry sulfide ore. It can also depress copper oxide, secondary copper sulfide or gold minerals ( Allan and Woodcock, 2001 , Sun, 2001 , Liu et al., 2008a ).
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The cost of getting iron ore in and out of the Great Lakes is simply too high for any major trade to take place with the rest of the world. Therefore, the USA remains a very marginal player in the seaborne iron ore market. In 2019, seaborne iron ore exports are expected to be ~3 Mt, which accounts for ~0.2% of global seaborne trade.
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