US iron ore miner Cleveland-Cliffs, which is building an HBI plant in Ohio, said it sees a healthy margin between direct reduced iron (DRI) and pig iron, and a move to higher quality iron units ...

Iranian mines and metals holding company Imidro has started production at a direct reduced iron (DRI) module in Neyriz in the south of the country, according to Shatanews, an Iranian domestic news agency Sunday. ... If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password ...
Platts Iron PriceSimurgh Iron And Steel Company. The Platts iron ore price today for January 7 2019 showed an increase of about 056 to 7351 The average fluctuation of prices since November 26 2018 is an increase after a fall in the period from November 24 to 26 2018. Online Chat Platts Mill Scale China
Iron from a blast furnace is an alloy of iron and carbon (about 4%), along with smaller quantities of silicon, manganese, phosphorus, sulphur and other elements. Iron is a far less versatile metal than steel, which is also an alloy of iron. It is produced in a BOF and has a much reduced carbon content.
Interregional iron ore trade Million tonne Pig iron and DRI production Million tonne Overall slowdown or iron ore demand especially in China Continued increase of iron ore supply, especially from Australia (FMG, Rio, BHPB) SOURCE: WorldSteel; ISSB; Platts DEMAND SUPPLY 0 20 40 60 80 100 120 140 160 IODEX USD/tonne
Combining Platts and TSI price assessments in one comprehensive package, Market Data – Steel & Raw Materials provides a wealth of robust information that is designed to save you time and money. Platts presents the price data to you in a variety of formats, so no manual work is required and workflow risk is reduced.
Jul 03, 2019· According to the Platts Iron Ore Index (IODEX), a benchmark assessment developed by S&P Global Platts of the spot price of physical iron ore – the key ingredient in steelmaking – the ore reached close to $115 per tonne in the last week of June this year. ... This incident alone reduced Vale’s capacity by as much as 100m tonnes per year ...
Via S&P Global Platts Insight blog, Traders of oil products and iron ore have their eyes trained on China’s supply-side dynamics, as the country grapples with the coronavirus outbreak. Also in the spotlight this week: Permian gas output, Germany’s coal plant closures, US corn exports and European gas prices. 1.
Feb 01, 2019· Tap into our markets across the product suite, including Iron Ore Futures and Options, and begin benefitting from easy execution, reduced costs and reliable access around the clock. Additional value in our Iron Ore products can be found through: A global price established by international market participants
Combining Platts and TSI price assessments in one comprehensive package, Market Data – Steel & Raw Materials provides a wealth of robust information that is designed to save you time and money. Platts presents the price data to you in a variety of formats, so no manual work is required and workflow risk is reduced.
Ferrous metals. On March 11 2019 we added LME Steel HRC N. America (Platts) and LME Steel HRC FOB China (Argus) to our ferrous suite of contracts.. Like LME Steel Rebar and LME Steel Scrap, the new cash-settled contracts were designed in close consultation with the steel community to meet their risk-management needs.
Nov 30, 2018· The above rationale applies to Platts 62% Fe IODEX & TSI Iron Ore Fines 62% CFR China with the associated market data codes: IODBZ00 & TS01021 PlaTTS ChIna IrOn OrE lumP PrEmIum DaIly raTIOnalE (PMA page 1163) Shanghai—S&P Global Platts assessed the spot lump premium at $0.3180/dry mt unit on Friday,
Global Pig iron news, Pig iron prices and expert analysis. COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT THE PERMISSION OF THE PUBLISHER Welcome to Fastmarkets now incorporating Steel First. All Steel First prices, news and market analysis can be found here on www.metalbulletin.com. More information and FAQs ...
1. Characteristics of reduced iron The MIDREX process produces direct reduced iron (hereinafter referred to as DRI ). The process reduces iron ore using a reforming gas made from natural gas. The DRI is used mainly as the raw material for electric arc furnaces (EAFs), as a clean iron source substitute for scrap iron.
Industry Overview - Iron Ore Industry. ... the winter closure of Chinese sintering plants and therefore reduced supply of sinter has created an increased demand for high grade iron ore which partially offsets the lower production of sinter. ... the Platts 62% CFR North China index represents an iron ore price paid upon transfer of goods at the ...