Iron ore fell as low as 37 a metric ton in mid-December, the cheapest in a decade and down more than 80 from its peak a few years earlier, making it one of the biggest losers among commodities.
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The iron ore price is at another five and a half year low, IG market strategist Evan Lucas said. There is no let-up for the price pressures on iron ore, and theres no let-up, therefore, for ...
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The average price at which BHP sold a metric ton of iron ore in the six months through December was just over 78, more than 40 higher than a year earlier. Considering unit costs that probably hover around an underlying 13 per ton, the level reported for its last financial year, thats quite a margin and quite some cash flow.
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Ahead of the SP Global Platts Global Metals Awards in London, on May 16, The Barrel presents a special series of articles looking at the global metals trade. Here, Jun Kai Heng looks at how iron ore buyers and sellers are adapting to tightened supply of specific products, following the accident at one of Vales Brazilian operations in January. On January 25, a Vale tailings dam in ...
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With iron ore firms, the major metric that an investor needs to look at is cost per ton. Cost per ton will typically include the costs of mining, processing, and any SGA that is associated with ...
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On Oct. 2, 2014, Standard Poors lowered its assumptions for benchmark iron ore prices based on 62 iron Fe content including costs and freight CFR to China by about 10 to US85 per ton ...
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2020-3-1Current price for excellent iron ore is about 90 USD per metric ton thats 2 grams of gold for 1 ton of iron ore. Moreover, economically viable iron ore deposits are extensive the inhabitants would normally be extracting the ore from the mountains around the city, not from beneath the city itself.
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The price changes every day. Ill answer the question using todays price for Gold - 10132018, price of 1217 USD per troy ounce. Note that a troy ounce is roughly 31.1 grams, as opposed to a normal ounce which is 28.3 grams. 1217 per Ozt 31....
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2 1 Metric ton tonne is equal to 1000000 grams g. To convert tons to grams, multiply the ton value by 1000000. For example, to find out how many grams in a ton and a half, multiply 1.5 by 1000000, that makes 1500000 grams in a ton and a half. 1 Gram g is equal to 0.000001 metric ton. To convert grams to metric tons, multiply the gram value ...
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2017-5-4Demand for iron ore still looks positive in China as the worlds second largest economy continues to develop, said Fortescue Metals ASX FMG-AU CEO Nev Power. Longer-term, China is
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2020-4-21Coronavirus stoppages are hitting other commodities like copper, where Chris LaFemina at Jefferies estimates 20 per cent of supply is now impacted, versus 8 per cent for global iron ore.
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2020-3-1Current price for excellent iron ore is about 90 USD per metric ton thats 2 grams of gold for 1 ton of iron ore. Moreover, economically viable iron ore deposits are extensive the inhabitants would normally be extracting the ore from the mountains around the city, not from beneath the city itself.
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Inasmuch as approximately 112 tons of iron ore are used for every ton of finished steel, and it requires 30 times more man hours to produce a ton of finished steel than to produce a ton of ore, any temporary increase in domestic iron mining employment brought about by the substitution of lower price-quality ratio domestic ores for higher ...
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2017-5-4Demand for iron ore still looks positive in China as the worlds second largest economy continues to develop, said Fortescue Metals ASX FMG-AU CEO Nev Power. Longer-term, China is
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According to Bloomberg, Indian iron ore pellet producers have increased their exports to China by 13-fold from 20152016 to 20172018, and pellet prices in China are now more than 150 per ton ...
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2020-5-101 tonne also known as metric ton exactly 1,000 kg or about 2,204.6 lb. Tonne rhymes with con and is shortened to t. The ton is an imperial measure and rhymes with tun. 1 long ton all current and ex imperial measures countries except the US and Canada 2,240 lb so in human measures is very similar to the tonne.
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Deadweight is the measure, in metric tons, of the weight-carrying capacity of ships. A metric ton is about 2,204 U.S. pounds. Iron ore carrying capesizes are normally bigger than 150,000 deadweight and they typically serve the bigger and longer trades.
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Looks like the one on the left has been serviced recently. The temperatures in the Swedens north drop very low in the winter and the storms in the mountains can blow really hard, so there is a real need to shelter the personnel from the elements the best the operator can. The IORE units have well protecting walkways from one unit to another.
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For example, the density of a one-inch cube of iron is much greater than the density of a one-inch cube of cotton. In most cases, denser objects are also heavier. The densities of rocks and minerals are normally expressed as specific gravity, which is the density of the rock relative to the density of water.
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Hi Dai Uy, because at 1781.30 per oz. of Gold 2.33 ozs. per Lb. of ore concentrate approx. 636 per oz. of Pd per Lb. of ore concentrate spells 8,300,860 per ton of this type of ore for gold approx. 839,520 per ton of this type of ore for Pd, plus the Pt 15 to 14 oz per Lb. Ag are quite alot in precious metals in my opinion for a ...
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Hi Dai Uy, because at 1781.30 per oz. of Gold 2.33 ozs. per Lb. of ore concentrate approx. 636 per oz. of Pd per Lb. of ore concentrate spells 8,300,860 per ton of this type of ore for gold approx. 839,520 per ton of this type of ore for Pd, plus the Pt 15 to 14 oz per Lb. Ag are quite alot in precious metals in my opinion for a ...
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2015-7-16The major plunge in iron ore has come in the first half of this year, with the spot price hitting a record low of 44.10 a metric ton on July 8, and even with a modest recovery to 50.10 on ...
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For example, the density of a one-inch cube of iron is much greater than the density of a one-inch cube of cotton. In most cases, denser objects are also heavier. The densities of rocks and minerals are normally expressed as specific gravity, which is the density of the rock relative to the density of water.
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Iron ore prices have dropped non-stop about 50 this year. Now they are below their five-year lows. Over-supply and slower demand coming from China are the main factors.
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Iron ore 2 SU, 14kg per unit. 6000 SU is 42 tons. Hardened steel block S SV, HV 4 SU, 32kg per block. 6000 SU is 48,000kg, or 48 tons. Hardened steel block L BA, CV 30 SU, 2t per block. 6000 SU is 400,000kg, or 400 tons. Im guessing you had problems with the L blocks, since the iron ore and blocks S are quite close in mass.
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