Sentences with phrase «ore prices around»

However, demand for steel products appears steady and does not have significant enough upside to turn iron ore prices around.

Not exact matches

Early this week I was with an Australian government representative in Beijing whom I have known for many years and he told me that iron ore prices were currently around $ 83 (I think they dropped another $ 2 last week), and that while some people in Canberra were reluctant to say it too loudly, he and others were increasingly in agreement with my lower forecast of less than $ 50 well before the end of the decade, in part because supply has come off much more slowly than predicted, but mainly because they now recognize that China's rebalancing was indeed going to be a far bigger deal for Chinese demand than sell - side research had predicted.

I expected that the shift in demand for iron ore generated by rebalancing would cause iron ore prices within 3 - 4 years to drop by over 50 % from their then - current levels of around $ 180 - 90 a ton.

Excluding oil, the domestic component increased by around 1 per cent in the June quarter, driven by rises in utilities and metal ore prices, while the non-oil-related prices of imported inputs rose by a similar amount.

Some other resource prices have also edged higher with, for example, the US dollar contract prices for iron ore for the Japanese fiscal year 2003/04 (beginning 1 April 2003) rising by around 9 per cent on levels of the previous year.

As a result of the strong global demand for steel, coking coal producers negotiated an increase of around 120 per cent in contract prices, with iron ore contract prices generally rising by more than 70 per cent (Graph 39).

Sharply higher contract prices for coal and iron ore in 2005/06 took effect from the beginning of April and are expected to boost the Bank's Index of Commodity Prices by around 25 per cent, once they are fully included in published transaction pprices for coal and iron ore in 2005/06 took effect from the beginning of April and are expected to boost the Bank's Index of Commodity Prices by around 25 per cent, once they are fully included in published transaction pPrices by around 25 per cent, once they are fully included in published transaction pricesprices.

Since the price of iron ore dropped to a low of less than $ US90 a tonne last September, prices rebounded strongly reaching a level of around $ US150 a tonne earlier this week, albeit in an environment of continuing volatility.»

Spot prices for iron ore are down by around 20 % since the end of 2013.