what is dry metric ton of iron ore fines

China Iron Ore Fines Import Price YCharts

China Iron Ore Fines Import Price YCharts

USD per Metric Ton: Adjustment: N/A: Download Source File: Upgrade: Notes: CFR Tianjin Port. 62% FE spot price. Historical Data. View and export this data back to 1980. Upgrade now. Date Value; ... China Iron Ore Fines Import Price is at a current level of, down from last month and up from one year ago. ...

Iron ore shortage claims in China Gard

Iron ore shortage claims in China Gard

Shortage claims in China. Claims from Chinese cargo receivers against shipowners for alleged short delivery of cargoes of iron ore fines in bulk are invariably paper losses the cargo is bought and sold in dry metric tons (DMT) but shipped in wet metric tons (WMT) under a bill of lading the vessel can only check the wet weight of the cargo, by draft survey, when issuing a bill of ...

The global iron ore market: From cyclical developments to potential ...

The global iron ore market: From cyclical developments to potential ...

Iron ore fines 58% Fe, low alumina CFR China: DCE: ... For example, a Chinese steelmaker wishing to hedge of its price risk on short physical position of 1,500 metric tons of iron ore will be able to buy 15 futures contracts on the DCE and, as a result, have up to 15 indirect counterparties which can, at any time, offset their short ...

What is the difference between iron ore lumps and fines?

What is the difference between iron ore lumps and fines?

The Platts spot iron ore lump premium assessment (IOCLP00) is of the premium a lump cargo commands over the price of fines as defined by the Platts 62% Fe Iron Ore Index, or IODEX. . Besides spot transactions, the assessment has also been used by miners, steelmakers and traders globally to price longerterm contracts.

Influence of particle size distribution of iron ore fines on ...

Influence of particle size distribution of iron ore fines on ...

1. Introduction. Shipping by sea currently accounts for more than 80% of global trade volume, with iron ore accounting for the largest solid bulk turnover per year, totaling billion metric tons by sea in 2016, mainly from Australia (57%) and Brazil (26%) to China (71%) [1].Brazil is the second largest iron ore exporter and has approximately % of the world's iron reserves, equivalent to ...

Iron ore price down as China warns of more market supervision

Iron ore price down as China warns of more market supervision

The iron ore price fell on Monday after its longest streak of weekly gains since January, hit by Beijing's latest warnings about increased market supervision as its seeks to curb price rises.

Iron Ore Monthly Price Canadian Dollar per Dry Metric Ton IndexMundi

Iron Ore Monthly Price Canadian Dollar per Dry Metric Ton IndexMundi

Monthly price chart and freely downloadable data for Iron Ore. Price in Canadian Dollar per Dry Metric Ton. 60 month history. Toggle navigation ... Iron Ore Monthly Price Canadian Dollar per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Oct 2018 Sep 2023: (%) Chart. Description: Iron ore (any origin) fines, spot price, ...

on Or Ir e Fines

on Or Ir e Fines

What are Iron Ore Fines? Iron ore is a natural/raw material that is mined around the world. The material is processed to allow its use in the iron/ steel making industry. Initially, this involves crushing followed by screening to separate the ore into lumps and fines. If the iron content of the processed ore is >60% then it can be shipped ...

Vale's performance in 2015

Vale's performance in 2015

C1 cash cost FOB port per metric ton for iron ore fines exroyalties reached the lowest mark in the iron ore industry at US /t in 4Q15 vs. US /t in 3Q15. The reduction in C1 cash cost was mainly driven by the BRL depreciation and ... decreased from US /t in 3Q15 to US /t in 4Q15 on a dry metric ton (dmt) basis.

Comminution and classification technologies of iron ore

Comminution and classification technologies of iron ore

The Sino Iron project started its first full year of commercial operation in 2017 produced and exported approximately 17 million wet metric tons of iron ore concentrate (Citic 2018 Annual Report). In 2018, Sino Iron shipped more than 19 million wet metric tons to CITIC's special steel plants and other Chinese and Asian steel mills (Citic 2018 ...

Iron Ore | PDF Scribd

Iron Ore | PDF Scribd

Iron_ore Read online for free. Scribd is the world's largest social reading and publishing site. Open navigation menu. Close suggestions Search Search. en Change Language. close menu Language. English (selected) Español; Português; Deutsch;

Iron Ore | Geoscience Australia

Iron Ore | Geoscience Australia

Iron (Fe) is a metallic element that constitutes % by weight of the Earth's crust and is the fourth most abundant element in the crust. Iron ores are rocks from which metallic iron can be economically extracted. The principal iron ores contain hematite (Fe 2 O 3) and magnetite (Fe 3 O 4 ). Hematite is an iron oxide mineral.

steel industry glossary terms dmtu ecsc esr erw fior hms hsla

steel industry glossary terms dmtu ecsc esr erw fior hms hsla

Dry metric tonne unit. A metric tonne unit is equivalent to 1% of a metric tonne ( 1% of 1000 kg) and equals 10 kilograms. ... Direct ironmaking process, based on use of iron ore fines and noncoking coal for the production of hot metal: HMS1, HMS2:

WMT basis relevant for calculating duty payable on export of Iron Ore Fines

WMT basis relevant for calculating duty payable on export of Iron Ore Fines

For the purpose of charging of export duty the assessment of Iron ore, determination of Fe contents is required to be made on Wet Metric Ton (WMT) basis which in other words mean deducting the weight of all impurities (inclusive of moisture) out of the total weight/Gross Weight to arrive at Net Fe contents. APPERANCE :

China portside iron ore a new paradigm in futures hedging

China portside iron ore a new paradigm in futures hedging

In comparison to the seaborne prices, which is quoted in dollars per dry metric ton, the portside prices represent the Chinese yuan per wet metric ton value of iron ore available for the cash market with VAT and port fees included in the prices.

Dry Metric Tonne Unit Commodities Glossary IndexMundi

Dry Metric Tonne Unit Commodities Glossary IndexMundi

A Dry Metric Tonne (Ton) Unit (dmtu) is the internationally agreedupon unit of measure for iron ore pricing. It has the same mass value as a metric tonne, but the material has been dried to decrease the moisture level. A dry metric ton unit consists of 1% of iron (Fe) contained in a tonne of ore, excluding moisture.

Iron Ore Monthly Price Rand per Dry Metric Ton IndexMundi

Iron Ore Monthly Price Rand per Dry Metric Ton IndexMundi

Iron Ore Monthly Price Rand per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Nov 2018 Sep 2023: (%) Chart. Description: Iron ore (any origin) fines, spot price, China, 62% Fe beginning December 2008; previously %. Unit: Rand per Dry Metric Ton.

Determination of the transportable moisture limit of iron ore fines for ...

Determination of the transportable moisture limit of iron ore fines for ...

Iron Ore Fines (IOF) make up approximately 48% of the iron ore trade, which in 2011, was approximately billion metric tons [6]. In 2004, approximately 400 million metric tons of IOF were transported around the world using bulk carriers, with Australia and Brazil dominating the seaborne trade.

Why ironore prices are on track to suffer their largest monthly loss ...

Why ironore prices are on track to suffer their largest monthly loss ...

At per metric ton on Aug. 17, the CME August futures contract TIOQ21 for 62% ironore fines delivered to China traded around 30% lower month to date, on track for the largest monthly ...

Fortescue explaining the various cost and price metrics

Fortescue explaining the various cost and price metrics

Production is usually quoted in terms of wet metric tonnes (wmt), and the iron ore price is based on dry metric tonnes (dmt) To adjust from wet to dry tonnes, an 8% reduction is applied to the wet tonnes to adjust for moisture content It's important to understand whether something is being quoted in 'dmt' or 'wmt'