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and consequently the manganese price is significantly higher than the iron ore price currently double the iron ore price per tonne In addition a large amount of iron for steel production comes from recycled steel and this is expected to grow in coming decades as China begins to recycle more steel This will see iron ore useage taper off however
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We offer Platts pricing 62% on day We offer for sale Iron Ore Fe 64% at $69 CIF China or ASWP no over price allowed We offer for sale Iron Ore Fe 64% at $69
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On Monday the iron ore price made another leap higher despite a new report from the the World Steel Association predicting a slowdown in global demand going into 2024 The Steel Index benchmark price for Northern China 62% Fe ore gained 4% to trade at $ a tonne on Monday Year to date iron ore
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