iron range the term iron range refers collectively or individually to a number of elongated ironore mining districts around lake superior in the united states and canada. despite the word "range", the iron ranges are not mountain chains, but outcrops of precambrian sedimentary formations containing high percentages of iron. these cherty iron ore deposits are precambrian in age for the vermilion rangeiron ore company india manufacturer supplier of ironsesa goa iron ore, a vedanta group company is engaged in exploration, mining and processing of iron ore. the company was founded in 54, as scambi economici sa goa. since then, it has grown to be one among the top lowcost producers of iron ore in the country. during 9195, it diversified into the manufacture of pig iron and metallurgicaliron ore today's spot price charts market indexiron ore (fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). global economic growth is the primary factor that drives its supply and demand. when economies are growing, the need for steel in construction increases which drives the price up.
iron ore daily physical prices down amid demandmay 27, · fastmarkets iron ore indices 62% fe fines, cfr qingdao 9.73 per tonne, down 3. per tonne 62% fe lowalumina fines, cfr qingdao 0.90 per tonne, down 3.59 per tonne 58% fe fines highgrade premium, cfr qingdao 2.38 per tonne, down 2.64 per tonne 65% fe brazilorigin fines, cfr qingdao 223.60 per tonne, down 5. per tonne 62% fe fines, fot qingdao 1,3 yuan per wetiron ore fines 62% fe cfr futures price investing get detailed information about iron ore fines 62% fe cfr futures including price, charts, technical analysis, historical data, reports and more.iron ore 62% fe 10 data 2223 forecastiron ore 62% fe decreased .01 usd/mt or 7.06% since the beginning of , according to trading on a contract for difference (cfd) that tracks the benchmark market for this commodity. historically, iron ore 62% fe reached an all time high of 2.77 in july of .iron ore 07 data 2223 forecast priceprices for iron ore cargoes with a 63.5% iron content for delivery into tianjin fell back to 5 a tonne in early september, not far from a 9month low of 9.5 touched in late august after fresh data for china showed factory activity weakened more than expected in august. yet, iron ore remains more than 30% below a record high of 230 hit in may amid curbs on steel production in china and
china iron ore futures plunge as price monitoring planjun , · china's state planner and market regulator on monday looked into spot market at the beijing iron ore trading center and said would closely monitor prices and investigate malicious speculation. spot prices of iron ore with 62% iron content for delivery to china, compiled by steelhome consultancy, fell 7 to 0.5 per tonne on monday.iron ore daily prices edge upward despite jun , · fastmarkets iron ore indices 62% fe fines, cfr qingdao 2.87 per tonne, up by 1.10 per tonne 62% fe lowalumina fines, cfr qingdao 223.09 per tonne, up by 1.47 per tonne 58% fe fines highgrade premium, cfr qingdao 4.60 per tonne, down by 0.62 per tonne 65% fe brazilorigin fines, cfr qingdao 250.80 per tonne, up by 1.60 per tonne 62% fe fines, fot qingdao 1,5 yuaniron ore to continue inching towards 250 by end ocbcjun , · as iron ore inventories continue to dwindle, however, we expect china to return for iron ore to replenish stockpiles and feed its domestic appetite for steel. we expect iron ore prices to remain supported in the nearterm, and eventually test a high of 250 before the end of the .