SteelHome Express: Quotation of Iron Ore Edged down amid Sharp Declines of Futures Price on Monday
Quotation of imported iron ore on Tangshan market decreased by 5-10 yuan/t on Monday.
Then the prevailing quotation on the market: PB fines is 795-795 yuan/t; PB lump is 865-875 yuan/t; Jimblebar fines is 725-730 yuan/t; Super Special fines is 665-675 yuan/t; Brazilian IOCJ is 955-960 yuan/t.
Due to the sharp drop of futures price, some traders with hedging operations lowered the transaction price for PB fines to 780 yuan/t. Other traders awaited further market developments, being inactive on low-price selling.
Meanwhile the prevailing products transacted today were medium low Fe grade Australian fines.
Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Jun 22
Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe3O4) and hematite (Fe2O3). Iron ore is the source of primary iron for the world's iron and steel industries. It is therefore essential for the production of steel, which in turn is essential to maintain a strong industrial base. Our monthly ability to export Iron Ore is of 2000-5000MT per month.
We are counted amongst the leading names of the company that is into offering Iron Ore. The products offered by us are of very fine quality. These products have rich content of iron as a result the users get relatively high amount of iron. Our products are very easily enriched as a result our clients save their precious time and money. We supply Iron Ore in different types- Iron Ore Lumps (Hematite & Magnetite) Iron Ore Fines (Hematite & Magnetite)
Magnetite Iron Ore
Iron Ore Concentrate
TOPGLO CORPORATION: Your Trusted Strength in Iron Ore Supply We TOPGLO CORPORATION take full pride of ourselves on being a leading global network of mining groups, specializing in the supply of high-quality iron ore ranging from Fe 60% to 67%. With a monthly shipment volume of approximately 1.2 million tons, we ensure that every step from production to inspection and execution is handled with the utmost care and precision. Quality Assurance: We maintain stringent quality control measures to ensure that our iron ore meets the highest standards. Customer Satisfaction: Our commitment to excellence ensures that each order is executed to the complete satisfaction of our clients. Get in Touch! For all your iron ore requirements, do not hesitate to reach out to us. We are here to serve you with dedication and professionalism.
Iron Ore Specs : Variable FeO 16.28 % Hierro Total 64.02 % SiO2 4.03 % AhO3 0.24% s 0.07% p 0.04 % CaO 1.34 % MnO 0.00%, PbO 0.00 % MgO 0.00 % ZnO 0.00%, TiO2 0.00% As 0.00 % Cu 0.02 % K2O 0.00% Origin Mexico Minimum monthly shipment 100,000MT CFR terms only (Maximum quantity of 200,000MT per month is possible) Annual contract only The price shall be quoted against firm inquiry. Payment: 90% by DLC / MT700 Nontransferrable and confirmed and payable at sight (Loading port) after SGS for quality and quantity. Balance 10% shall be against discharge port inspection at the discharge port in China Sellers performed shipments in the past ( during 2019 prior Covid period ). This offer is valid for a limited period and the response to queries shall be only through email so long as inquiries are received with KYC of the buyer/end user.
Sponge Iron Fines
Tanzanian Origin Iron Ore 63%Fe Minimum and above. FOB Dar es salaam & Tanga port) Egyptian Iron Ore 60%Fe Minimum and Above MgO= 0% Fe+0.23 FOB Adabya Suez seaport Egypt Available Quantity: Million MT per month.
Fe 62% > Hematite
