Seaborne iron ore concentrates market retains strength ahead of Chinese New Year

By Metal Bulletin Editorial / January 08, 2018 / www.metalbulletin.com / Article Link

The seaborne iron ore concentrates market has remained strong over the past two weeks, with some mills and traders stocking up for the Chinese New Year break.

China's seven-day Lunar New Year celebrations start on Friday February 16 and market participants do not anticipate a resumption in production until mid March. But there are concerns that the upward momentum might slow due to reduced buying activity at Chinese ports. Metal Bulletin's weekly 66% Fe Concentrates Index was up 1% to $97.11 per tonne cfr China on Friday January 5. Over the past two weeks, March-delivery 66% Fe Australian...

Recent News

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com

Gold majors take the lead

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok