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Iron ore production cost per tonne

Dec 01, 2021

1 day ago Production issues in Brazil, where rain has taken out rail access, mean the iron ore price has surged 50 per cent from its November lows. It won’t last, experts say

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    Spot prices of iron ore with 63.5% iron content for delivery to Tianjin rose above $126 a tonne in January, hitting the highest level since mid-October, as weaker-than-expected Chinese inflation data boosted expectations that the central bank will be providing more stimulus in the coming months to support the slowing economy. Hopes for an easing of steel production controls in

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    IRON ORE . 2020 was $84.73 per ton in April compared with the low of $76.16 per ton in January 2019. The prices trended upwards owing to a reduced supply of higher grade iron ore products, spurred partially by closures of pelletizing plants in Brazil. One company in Brazil cut guidance for pellet sales in 2020 by 25 million to 30 million tons

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