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2021-04-04T16:04:25+00:00
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    May 12, 2021  The iron ore price surged to a record $237.57 per tonne Wednesday as strong Chinese demand continued to outpace supply, but analysts are not entirely convinced the price run has legs.

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    The world will need iron ore for as long as the world needs steel. In 2020, we produced around 280 million tonnes of iron ore. That's enough to make the steel for more than 3,300 Sydney Harbour Bridges. We're building a new iron ore mine in Western Australia. When completed, South Flank will produce high-quality iron ore for around 25 years.

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    Oct 15, 2019  Therefore, the price of iron ore is difficult to continue to rise. For the whole year, under the situation of high demand and low supply, the ore price will move up from last year, and the seasonal fluctuation may be obvious. Global iron ore production and iron ore prices from 1990 to 2017

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    Dec 04, 2020  High quality service is what we are pursuing.We provide you with fast and efficient service,free production line configuration plan,free training for the installation of the entire 24-HOUR ONLINE Our customer service provides 24-hour online service to solve your production plan configuration problems and product doubts.Our caring service ...

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  • Analysts not convinced the iron ore price run has legs ...

    May 12, 2021  The iron ore price surged to a record $237.57 per tonne Wednesday as strong Chinese demand continued to outpace supply, but analysts are not entirely convinced the price run has legs.

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    Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.

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    The world will need iron ore for as long as the world needs steel. In 2020, we produced around 280 million tonnes of iron ore. That's enough to make the steel for more than 3,300 Sydney Harbour Bridges. We're building a new iron ore mine in Western Australia. When completed, South Flank will produce high-quality iron ore for around 25 years.

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    May 24, 2020  The high-grade players. According to Champion Iron, Brazil dominates the high-grade market, followed by Canada. Australia, Sweden, Russia, Ukraine and South Africa all produce small quantities of high-grade iron ore, but collectively they produce less than 100 million tonnes — which equates to not much more than half of Fortescue’s production.

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    Dec 21, 2020  While high international prices provide room for domestic iron ore exporters to expand, disruption in Odisha has provided a leg up to Indian iron ore industry—at least for the near term. Companies like NMDC and steel and pellet makers with integrated iron ore capacities are expected to

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    May 12, 2021  The price difference between high-grade 65% iron ore and 58% ore surged to a record $90.5 per tonne, while between benchmark 62% ore and low-grade the spread stood at $57.5.

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