Iron ore prices hurtle to a seven-year high, coking coal prices lag on quotas – Hellenic Shipping News

For the key steelmaking ingredients of iron ore and coking coal, it was a tale of two different markets this week. The price of iron ore punctured the $US120 per tonne ($164.70/tonne) barrier this week, its highest since early 2014 This was on account of a stronger market for steel in China which is targeting […]

Hellenic Shipping News – China’s Recovery ‘Underestimated’ As Iron Ore Imports Continue At Record Levels

China continues to prove the market commentators wrong on the iron ore front, with the asian heavyweight’s imports still hitting record levels. In the past three months China’s iron ore imports have climbed 20 per cent year on year, while year-to-date they are up 11 per cent compared to the previous year. August imports were […]