SteelHome Express: Quotation of Iron Ore Broadly Stable on Wednesday
Quotation of imported iron ore on Tangshan market remains broadly stable on Wednesday.
Then the prevailing quotation on the market: PB fines is 850-855 yuan/t; PB lump is 890-895 yuan/t; Jimblebar fines is 775-780 yuan/t; Super Special fines is 700-705 yuan/t; Brazilian IOCJ is 980-985 yuan/t.
Meanwhile, at Rizhao port, PB fines has been traded 835 yuan/t this morning.
According to SteelHome survey, the overall transactions are at a normal level on the spot market. And the prevailing products transacted today are medium and low Fe grade Australian fines. SteelHome considers that prices of iron ore may keep fluctuating in the short run.
Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Jul 15
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
SteelHome: Seaborne Iron Ore Price Kept Dropping as Shipments from Overseas Miners to Increase
The average price of China domestic-produced iron ore concentrates at 14 main markets in China was 799 yuan/t on May 26, 2020, up 1 yuan/t from the previous trading day. It is expected that prices of China domestic-produced iron ore concentrates may stable in the near term.
Imported Iron Ore: the seaborne price kept dropping on Tuesday.
Overseas iron ore price from SteelHome: 61%-Fe PB fines was 94-95 dollars/t (CIF); 65%-Fe IOCJ was 111-112 dollars/t (CIF); 58%-Fe Yandi fines was 84-85 dollars/t (CIF), down around 2 dollars/t from the prior trading day.
At ports, the spot price for imported iron ore decreased by 10-15 yuan/t on Tuesday.
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Iron Ore Transportation by Trucks Lead to Air Pollution in Goa Mining Area
Iron ore transportation has once again increased air pollution in Indias Goa mining area.
Goa State Pollution Control Board (GSPCB) air test data shows that air pollution in the area is mainly due to iron ore transportation activities, starting from March.
Member secretary of GSPCB Shamila Monteiro said the board has written to the directorate of mines and geology (DMG) to reduce the number of ore transportation trips by trucks in areas where it has noticed air pollution.
Miner based in Baja California which is far away from the areas related with the past illegal sales of Iron ore. The sale would be carried out by his company duly registered in US.
Miner with very good reputation that has been recommended by a former Director of Mining Ministry.
They have exported in 2010, 2011 and 2012 but with the fall of the prices, they decided to stop and get focus in other minerals.
Fe: 58% minimum guaranteed
Incoterms: FOB
Quantity: 90,000 Mt ready to ship
Loading Port: Ensenada
Payment: LC
Size: About 20.000 Mt with size of 6mm. Rest of material 3 to fines.
In case of interest, feel free to constact us at any time.
Product: IRON ORE raw fe 62%
Loading port: Mati Port Davao Phils
PRICE :Â 45 USD per MT (FOB)
Payment Terms:L/C,T/T,Western Union,50% ADVANCE BALANCE AGAINST B/L
Supply Availabe:
          1st month 50,000 MT
          2nd month 100,000MT
          3rd Month 200,000MT
Following month 200,000MT
Contract terms: 1-2 yrs contract
Iron ore mines small-medium for JV in Malaysia. Suits miners and investors who want good return, less capital intensive. Freely exportable commodity. We have ready buyers for the iron ore you produce.
With an equity stake in one of Chile's largest iron mines, our company works to meet the demands of this product in Asia and Europe.
Below is the technical specification of our product with shipping in Chile:
Fe 60~62%.
Sio2 4,9% max
TiO2 0,06% max
MnO 0,08% max
CaO 3,19% max
K2O 0,01% max
MgO 1,49% max
P 0,59% max
S 0,01% max
Na2O 0,09% max
Cr2O3 0,01% max
We have in stock Sinter feed, but we can also offer other types of granumetria as per demand from our customers.
Minimum shipment of 25,000 tons and maximum of 100,000 tons per month FOB or CFR.
Supplier From Goa India
The mine can supply 100 000 mt per month, and can increase it in the meantime. Fe content: 56% + Size: 0 to 1 mm / 6.35 to 10, 0mm / 10, 0mm to 30, 00mm Price: nymex or other index Discount: to be agreed Selling process: fob Payment instrument: llc for the first shipment, and an irdlc for a 12 month contract of 150, 000 mt per month. Delivery: 30-45 days after the sblc is in place pb 2% against the payment instrument
Sr.No Parameters Method Unit Test Results
01 Total Iron (Fe) Based on ISO 2597-1 % 52.01
02 Silica (SiO2) Based on ISO 2598-1 % 10.95
03 Alumina (AI2O3) Based on ISO 4688-1 % 4.25
04 Sulphur (S) Based on ISO 4689 % 0.17
05 Phosphorus (P) Based on ISO 4687-1 % 0.065
06 Moisture In-House (Gravimetric) % 2.04
Gold Centrifuge Concentrator is a new type of gravity concentration equipment for concentrating gold and other high density minerals. Gold Centrifuge Concentrator is kind centrifugal concentration equipment. It can be used not only for placer gold mining, but also for hard rock mining to recover the natural gold, replacing amalgamation. Gold centrifugal concentrator is also used to recover gold from the old tailings
