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China''s iron ore hunger should support dry bulk rates

2021-1-27 · China''s iron ore imports will need to rise in 2021 to support its growing steel production, while tightness is expected to remain in the global market. It will probably maintain or even expand its already significant share of long-distance Brazilian exports as a result, which should support Capesize tonne-mile demand and freight rates.

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China''s iron ore platform could spark a shift in pricing power

2022-2-22 · Sanghee Liu. The plan forms part of China''s growing effort to cool iron ore prices, which it believes are being fuelled by price speculation and hoarding, while also expanding its oversight more ...

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Overview In May 2022 China ''s Iron Ore exports accounted up to $244M and imports accounted up to $12.9B, resulting in a negative trade balance of $12.6B. Between May 2021 and May 2022 the exports of China ''s Iron Ore have decreased by $-173M (-41.4%) from $417M to $244M, while imports decreased by $-2.73B (-17.5%) from $15.6B to $12.9B.

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2022-7-21 · 21 Jul 2022 04:32PM (Updated: 21 Jul 2022 04:32PM) SYDNEY/BEIJING : China''s plan to centralise iron ore purchases has prompted questions whether the move could hit the bottomlines of global mining ...

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China Aims to Raise Iron Ore Output 37% at Home by …

2022-3-3 · Domestically-produced refined iron powder and steel scrap consumption tallied 285 million tons and 230 million tons, with a contribution rate to the production of crude steel of 16 percent and 20 percent, respectively. China''s crude iron ore output exceeded 1.5 billion tons in 2014, Luo said, noting that the target set in the cornerstone plan ...

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2022-7-12 · EU cuts down Russian coal imports ahead of bloc-wide ban Jul 15 2022; Case for ''blue'' hydrogen suffers in Europe as war rages on Jul 15 2022; Mining mogul Andrew Forrest puts money where mouth is on green hydrogen Jul 15 2022; EU clean energy targets risk being missed as rates rise Jul 15 2022; Shell chief warns Europe may have to ration energy during …

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Iron ore price: Sad cost of China''s plan to ditch Australia

2022-7-5 · China is also the biggest consumer of iron ore — consuming a massive 61 per cent of the world''s exports — which it uses to make things like refrigerators and construction products.

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