Platts iron ore is wet ton or dry ton

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    Fortescueexplaining the various cost and price metrics

    Iron ore production levels wet vs dry 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

    Dry Grinding VS Wet GrindingMineral Processing

    The choice between wet and dry milling is in general unimportant in small scale milling but is a major technical problem when large scale milling in the metallurgical industries is involved On purely mechanical grounds it is difficult to see any great difference in fundamental principles between wet and dry milling since dry milling may be regarded as wet milling with a fluid having the

    Platts Poised To Take On Baltic Exchange In Dry Freight

    Norfolk explained If you re an iron ore miner or a steel mill you know how much you re spending in dollars per ton and you want the same number equivalent for your freight commitment

    Why iron ore prices are on track to suffer their largest

    The pessimism in the market is China led as the nation is the biggest producer of steel products and consumer of iron ore he says China announced crude steel production restrictions this year as it aims to reduce carbon emissions At 148 99 per metric ton on Aug 17 the CME August futures contract TIOQ21 2 44 for 62 iron ore fines delivered to China traded around 30 lower

    Iron Ore 62 Fe CFR China TSI Swa price information

    Iron Ore 62 Fe CFR China TSI Swa Actions Add to watchlist Price USD 217 58 Today s Change 5 12 2 41 Shares traded 0 00 1 Year change 114 28 52 week range 164 44211 80 Data delayed at least 30 minutes as of Jul 01 2021 14 59 BST

    Iron ore price monthly Statista

    Iron ore prices monthly In June 2021 iron ore was valued at approximately 214 43 U S dollars per dry metric ton unit dmtu as compared to 103 3 U S dollars per dmtu in June 2020

    Dry tondefinition of Dry ton by The Free Dictionary

    Dry ton synonyms Dry ton pronunciation Dry ton translation English dictionary definition of Dry ton n 1 A unit of weight equal to 2 000 pounds Also called net ton short ton 2 A unit of weight equal to 2 240 pounds Ore with 62 percent iron content delivered to the Chinese port of Tianjin fell 3 5 percent to 129 40 a dry ton

    Platts Steel Price Analyzer Help Platts

    The units of weight used are all metric tonnes except for the N American prices which are in short tons s tons 1 metric tonne = 1000kg = 1 short tons Iron ore prices are quoted in dmtu or dltu dry metric tonne units dry long ton units You can also choose to view any price series in terms of cents/pence per lb/kg if you wish

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    Iron Ore SpecificationSesa goa iron oresesagoaironoreIron Ore 62 Fe CFR China TSI Swa price FTmarkets ftIron Ore PRICE Today Iron Ore Spot Price Chart Live markets businessinsiderRecommended to you based on what s popular Feedback

    Mass Weight Density or Specific Gravity of Bulk Materials

    The mass of over 300 different dry materials are listed below Liquids metals and woods are on other pages and a site search facility is on the home page The data is useful for the design and selection of bulk materials handling plant bulk transport and packaging individual samples will differ

    Iron Ore Lump Premium Price Assessment Explained S P

    What is Platts Iron Ore Lump Premium 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 This premium is assessed on a US dollar per dry metric ton unit CFR Qingdao basis which is applied over the IODEX assessments

    12 5 Iron And Steel Production

    required to produce 0 9 Mg 1 ton of product sinter 12 5 1 2 Iron ProductionIron is produced in blast furnaces by the reduction of iron bearing materials with a hot gas The large refractory lined furnace is charged through its top with iron as ore pellets and/or sinter flux as

    Analysis Iron ore 65 Fe fines premiums rise as China

    Since the end of April Platts 65 Fe fines index has seen premiums up to 15 16 over IODEX 62 Fe fines on an equivalent dry metric ton unit basis of iron

    Is the worst still to come for dry bulk shipping

    The Platts Australia China index has suffered the most extreme lows it actually went negative for nonscrubber ships in early January As of Wednesday rates were assessed at 4 176 per day for nonscrubber Capes burning VLSFO This is relatively close to where the index started the year down 6 from Jan 2

    Dry tondefinition of Dry ton by The Free Dictionary

    Dry ton synonyms Dry ton pronunciation Dry ton translation English dictionary definition of Dry ton n 1 A unit of weight equal to 2 000 pounds Also called net ton short ton 2 A unit of weight equal to 2 240 pounds Ore with 62 percent iron content delivered to the Chinese port of Tianjin fell 3 5 percent to 129 40 a dry ton

    Dry Bulk Extends Slide As Vale Shaves Iron Ore Forecast

    Vale initially estimated it would sell 307 million 322 million tons of iron ore and pellets in full year 2019 On Oct 21 Vale reaffirmed that estimate but cautioned that the final tally would

    CSN MiningCSN

    The oldest iron mining operation in Brazil Casa de Pedra holds more than 6 billion tons of resources and 3 billion tons in reserves SNOWDEN certification 2014 The ore is mined in four bodies and is sent to processing in the Central Plant wet route or the Mobile Plants dry route located near extraction areas

    BDRY VALE S A NYSE VALE Crossroads For Dry Bulk

    Iron ore is at 90 per ton it s the best performing commodity in the world right now If there was a lack of demand from China it would be at 60 Iron ore prices are telling you that the

    Iron Ore 62 Fe CFR China TSI Swa price information

    Iron Ore 62 Fe CFR China TSI Swa Actions Add to watchlist Price USD 217 58 Today s Change 5 12 2 41 Shares traded 0 00 1 Year change 114 28 52 week range 164 44211 80 Data delayed at least 30 minutes as of Jul 01 2021 14 59 BST

    Platts IODEX basketturtl

    Examining the Platts IODEX basket and what makes each iron ore brand tick THE PLATTS IODEX BASKET Individual Iron Ore Brand Drivers While hundreds of different iron ore products coexist and compete in the market every day the five leading brands in the medium fines category stand out

    Dry Metric Tonne UnitCommodities GlossaryIndexMundi

    Dry Metric Tonne Unit A Dry Metric Tonne Ton Unit dmtu is the internationally agreed upon 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

    FORMULA SHEETS CONVERSION FACTORS

    Capture = Sludge SSRAS SS x 100 Solids = Dry Sample x100 Wet Sludge Wet Sample Moisture = Wet SludgeDry Solids x 100 Wet Sludge Volatile Solids = Dry SampleAsh x 100 Dry Sample Reduction in Volatile Matter = InOut x 100 acre ton 8 34 lbs mg/l dry = mg/l wet x 100 Total Solids Dry Tons = Wet Tons x Total Solids

    Why iron ore prices are on track to suffer their largest

    At 148 99 per metric ton on Aug 17 the CME August futures contract TIOQ21 0 26 for 62 iron ore fines delivered to China traded around 30 lower month to date on track for the largest

    Platts poised to take on Baltic Exchange in dry freight

    Platts poised to take on Baltic Exchange in dry freight futures There is a massive futures market for freight aboard Capesize bulkers Photo courtesy of Star Bulk By far the largest most mature and most liquid freight futures market in the world is for Capesize dry bulkers vessels with a capacity of around 180 000 deadweight tons

    BDRY VALE S A NYSE VALE Crossroads For Dry Bulk

    Iron ore is at 90 per ton it s the best performing commodity in the world right now If there was a lack of demand from China it would be at 60 Iron ore prices are telling you that the

    Is Iron Ore the next Copper CME Group

    Delivery of all iron ore annually is around 1 7 billion tons globally 1 0 billion is seaborne of which around 625 mil mt is imported into China Non contract LT material is estimated to be around 225 mmt Domestic iron ore production in China is around 350 mil mt with possible half sold outside of LT contracts This market does not export

    The Important Factors to Consider When Investing in Iron Ore

    With iron ore trading at around 184 a ton a mid point price of Platts 62 IODEX on 4/8/2011 more and more investors everyday are gaining an interest in this base metal

    Why iron ore prices are on track to suffer their largest

    At 160 85 per dry metric ton on Aug 13 the benchmark S P Global Platts IODEX the spot price of 62 iron fines delivered to China was down 12

    Special Executive ReportCME Group

    month of the underlying Iron Ore 62 Fe CFR North China Platts futures contract multiplied by 500 tons or zero whichever is greater 645101 C Price Increments Prices shall be quoted in dollars and cents per dry metric ton The minimum price increment will be 0 01 A cabinet trade may occur at the price of 0 002 per dry metric ton or 1 00

    Iron Ore Today s Spot Price ChartsMarket Index

    Iron Ore Fe is mined in around 50 countries worldwide and used to make steel buildings cars white goods etc Global economic growth is the primary factor that drives its supply and demand When economies are growing the need for steel in construction increases which drives the price up

    Iron Ore 62 FE Data Forecast

    Iron Ore 62 fe increased 3 84 USD/MT or 2 46 since the beginning of 2021 according to trading on a contract for difference CFD that tracks the benchmark market for this commodity Historically Iron Ore 62 FE reached an all time high of 219 77 in July of 2021

    SHIPPING Robust commodity demand to spur dry bulk

    SHIPPING Robust commodity demand to spur dry bulk rally into Q3 The surging demand for infrastructure related commodities such as iron ore and coal along with minor bulks such as aggregates clinker limestone is likely to help fuel the dry bulk market rally into the third quarter with freight levels and time charter earnings setting new

    Iron Ore PRICE Today Iron Ore Spot Price Chart Live

    Iron Ore Price Get all information on the Price of Iron Ore including News Charts and Realtime Quotes USD per Dry Metric Ton 8/29/21 08 04 AM Copper 9 423 60 0 65 USD per Ton

    Iron ore price soars as China Australia trade

    In a global context the S P Global Platts IODEX a benchmark assessment of the spot price of physical iron ore was assessed at a record high of 212 8 per dry metric ton on Friday the third

    Forwards steel Prices Platts

    XSIO001SGX 62 Fe Iron Ore cash settled swaps dry metric tonne CFR Tianjin port /t XX XX Prices may be nominal where insufficient transactions have occurred Platts believes its prices are accurate and based on the best knowledge available however we cannot be

    Specifications guide Iron oreS P Global

    Platts editorial staff and managers are available to provide guidance when assessment issues require clarification The following Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore assessments throughout the world These are the timestamps used for Platts iron ore assessments