The latest price of iron ore 2019, released today by January 11, 2019, suggests an increase in the price of iron ore 58% to + 5.8% from the beginning of January 2019 to today.
The latest price of iron ore 2019 is now showing an increase for iron ore. Also for global iron ore concentrate prices. As we mentioned in the first paragraph, the fluctuation rate for iron ore 58 fe was higher than 5%. The global fluctuation in the price of iron ore concentrates for the first 11 days of January 2019 was reported by the commodities for 66% concentrate iron ore price, about 1.4%.
62 fines iron ore price
The price fluctuation for high-purity iron ore, the iron ore price 62 fe, is reported to be about +1%. The forecast for iron ore prices was already discussed in the article on China’s steel market analysis in December 2018. You can read this article by clicking on the link below.
Article: China iron ore prices
In fact, it was anticipated that due to the reduction in iron ore production and imports compared to steel production in December 2018, we expect an incremental price fluctuation. This happened from the beginning of January. When the survey showed that the average fluctuation in the latest price of iron ore 2019 in the first 11 days of January 2019 was announced ascending.
The latest review of the global fluctuation in iron ore prices, which we did on January 7, 2019, also showed a rise in prices. To study this article, please click on the link below.
Article: Platts iron ore price today
Of course, at the same time as rise iron ore prices in China, steel prices are rising. Including the Tangshan billet price, during this same period. We will examine the fluctuations in steel billet prices in the next paper.
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