Commodity market report

Global iron ore short-term outlook October 2017

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

By recent standards October was a remarkably stable month for iron ore prices. Iron grade/quality spreads remain exciting, with suppliers of high grade low impurity products achieving record premiums. This story could have further to run as steel mills continue to enjoy decent margins and focus on blast furnace productivity. Our Q4-17 price forecast remains unchanged at $60/t CFR.

What's included

This report contains

  • Document

    Global iron ore markets short-term outlook data October 2017.xls

    XLS 410.00 KB

  • Document

    Global iron ore short-term outlook October 2017

    PDF 423.13 KB

  • Document

    Global iron ore short-term outlook October 2017

    ZIP 602.89 KB

Table of contents

  • Executive summary
    • Price stabilisation
    • Demand – obscured by pollution
    • Supply – domestic down, imports up
    • A correction not a collapse
    • Quarterly iron ore production - selected companies (Mt, 100% basis)
    • Quarterly indicators: iron ore trade, crude steel and hot metal production (Mt)

Tables and charts

This report includes 18 images and tables including:


  • Steel production, monthly y/y growth
  • BF utilisation rate in Tangshan, China
  • Trade of iron ore, monthly volume
  • Trade of iron ore, monthly y/y change
  • Iron ore inventory at Chinese ports, by source
  • Utilisation rate at Chinese iron ore mines
  • Chinese imports on track to reach 1075Mt
  • Although the volume of imports is rising, the value is not
  • Chinese mill margins are healthy
  • The high grade Fe premium remains high
  • Quarterly mine production
  • Q2-17 year-on-year production change


  • Key forecast data
  • Prices: Table 1
  • Prices: Table 2
  • Key companies: Table 1
  • Supply-demand balances: Table 1
  • Forecast data: iron ore trade and hot metal production (Mt)

You may be interested in


Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898