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Why iron-ore prices are on track to suffer their largest monthly loss on record

Why iron-ore prices are on track to suffer their largest monthly loss on record

Iron-ore prices touched record highs this year, but look to suffer their biggest monthly loss ever as China’s curbs on carbon emissions include limits on the output of steel, hurting demand for the raw material used to produce it.
What we know about China's metals reserves release

What we know about China's metals reserves release

China announced plans on Wednesday to release copper, aluminium and zinc from its national reserves to boost market supply and guide commodity prices to a return to normal ranges.

Metal Prices

Base Metals
Alumina 98.5% min40496.29$US / MT
Aluminum Alloy A356320490.45$US / MT
Minor Metals
Ammonium heptamolybdate 54% min3221083.06$US / MT
Ammonium metavanadate 98% min1684877.64$US / MT
High Purity Metals
Aluminum ingot purity 999990041900.00EUR / Kg
Aluminum oxide purity 990000012100.00EUR / Kg
Rare Earth
Cerium carbonates TREO 45% min, CeO2 / REO 100%105389.65$US / MT
Cerium Metal 99% min 376748.07$US / MT

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