Production is usually quoted in terms of wet metric tonnes (wmt), and the iron ore price is based on dry metric tonnes (dmt) To adjust from wet to dry tonnes, an 8% reduction is applied to the wet tonnes to adjust for moisture content It's important to understand whether something is being quoted in 'dmt' or 'wmt'
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The * Base Price is based on an iron content of % (sixtytwo point zero percent) and shall be increased by US (US five) per dry metric ton for each 1% (one percent) the iron content of the Ore is above % (sixtytwo point zero percent), fractions pro rata.
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The Platts spot iron ore lump premium assessment by SP Global Commodity Insights (IOCLP00) is of the premium a lump cargo commands over the price of fines as defined by the Platts 62% Fe Iron Ore Index, or IODEX. This premium is assessed on a US dollar per dry metric ton unit CFR Qingdao basis, which is applied over the IODEX assessments.
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Export duty on iron ores with a grade higher than 58% has been reduced from 50% to 30%, while the lower grade iron ores no longer attract export duty restoring back the exemption granted up to 21 ...
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The Sino Iron project started its first full year of commercial operation in 2017 produced and exported approximately 17 million wet metric tons of iron ore concentrate (Citic 2018 Annual Report). In 2018, Sino Iron shipped more than 19 million wet metric tons to CITIC's special steel plants and other Chinese and Asian steel mills (Citic 2018 ...
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per dry metric ton. Settlement Index. Iron ore portside fines 62% Fe (PCX) fot Qingdao assessment by Argus. Iron ore portside fines 62% Fe (PCX) seaborne equivalent assessment by Argus. The seaborne equivalent price is converted from the Iron ore portside fines 62% Fe (PCX) fot Qingdao by adjusting for moisture content, VAT, port fees ...
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On the iron ore production, only Leyte Ironsand Project of MacArthur Iron Projects Corp/Strongbuilt Mining Development Corp. reported production with 28,474 dry metric tons with an estimated value of million. ... and value went down by 59% and 63% from 26,265 dry metric tons with an estimated value of million to 10,816 dry ...
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US10 per dry metric ton. These operating costs apply to ore delivered to Ponta da Madeira Maritime Terminal. From there, the product is mainly shipped to Chinese steel mills, which accounted for nearly 40% of the company's gross revenue in 2014. The high quality of Vale's iron ore and the decrease in its operating costs are some key factors in
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Iron Ore: : USD per Dry Metric Ton 12/1/23 11:38 AM Copper: 8, ... copper is extracted from crushed ore and is furthered refined through smelting.
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Dec 5, 202302:17 PST. VALE3. Brazilian miner Vale VALE3 said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024, against about 315 million tons this year.
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Local industries in Pakistan pay around USD 140150 per dry metric ton for iron ore with >60% iron as compared to hematite ore (having 45% iron content) at USD 50 per dry metric ton and coal at USD 120 per dry metric ton (coal with a 20 weight percent hematite concentration costs USD 24), and local electricity charges are USD per kWh ...
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In August 2023, iron ore was valued at approximately dollars per dry metric ton unit (dmtu), as compared to dollars per dmtu in the same month of the previous year....
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This chart reflects the average monthly price of Iron Ore Carajas in US cents per Dry Metric Ton Unit (units) Iron Ore Carajas. Price of Iron Ore, () US cents per Dry Metric Ton Unit. Other commodity price charts for : [shortterm graphs]
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for the purpose of charging of export duty the assessment of Iron ore for determination of Fe contents shall be made on Wet Metric Ton (WMT) ... the percentage of Fe (iron) content wherever specified, shall be calculated on the 'Dry Metric Ton' (DMT) basis to be effective from
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Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously %. Unit: US Dollars per Dry Metric Ton. Currency: Compare to: Source: Thomson Reuters Datastream, World Bank. See also: Mineral production statistics. See also: Top commodity suppliers. See also: Commodities glossary Definitions ...
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SAO PAULO, Dec 5 (Reuters) Brazilian miner Vale said on Tuesday it expects to produce between 310 million and 320 million metric tons of iron ore in 2024, compared to about 315 million tons this year.
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Iron Ore Monthly Price US Dollars per Dry Metric Ton Range 6m 1y 5y 10y 15y 20y 25y 30y Apr 2023 Sep 2023: (%) Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 US Dollars per Dry Metric Ton
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The Iron Ore China Portside Fines USD Seaborne Equivalent (Argus) Futures (product code PAU) is a new futures product offered by COMEX. This financiallysettled contract is based on the Argus PCX Seaborne Equivalent Index, and is quoted in USD per dry metric ton.
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Overview Global iron ore reserves Global iron ore reserves Reserves of iron ore worldwide from 2010 to 2022 (in billion metric tons)* Global iron ore reserves 2022,...
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Monthly price chart and freely downloadable data for Iron Ore. Price in Philippine Peso per Dry Metric Ton. 60 month history. Toggle navigation. Commodity Price Indices . Commodity Agricultural Raw Materials Index; ... Philippine Peso per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Sep 2023: (%)
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Oct 4, 2023 This statistic depicts the average monthly prices for iron ore worldwide from January 2014 through September 2023. In September 2023, the average monthly price for iron ore...
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Monthly price chart and freely downloadable data for Iron Ore. Price in Pakistan Rupee per Dry Metric Ton. 60 month history. Toggle navigation. Commodity Price Indices . Commodity Agricultural Raw Materials Index; ... Pakistan Rupee per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Jan 2019: (%)
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