{"id":1538,"date":"2017-09-22T09:19:08","date_gmt":"2017-09-22T09:19:08","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1538"},"modified":"2017-09-22T10:55:21","modified_gmt":"2017-09-22T10:55:21","slug":"chinese-crude-iron-ore-production-up-1-in-aug1-7","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/","title":{"rendered":"The serious risk for iron ore exporter"},"content":{"rendered":"<p style=\"text-align: justify;\">China, the world&#8217;s largest iron ore consumer produced around 115.49 MnT ROM (Run-of-mine) in Aug\u201917. Crude iron ore production was increased by 1% M-o-M even when the steelmaking raw material prices have sustained for a while.<\/p>\n<p style=\"text-align: justify;\">There was a slowdown of 0.34% Y-o-Y compared with the month of Aug&#8217;16 where the production was 115.1 MnT then.<\/p>\n<p style=\"text-align: justify;\">Global iron ore prices were up last month. In Aug&#8217;17, the monthly average iron ore prices for Fe 62% Australian \ufb01nes rose by USD 9\/MT and were registered at USD 76\/MT, CFR China against USD 67\/MT, CFR China in Jul\u201917.<\/p>\n<p style=\"text-align: justify;\">Meanwhile, Chinese iron ore imports were up by 3% in Aug &#8217;17 at 88.66 MnT iron ore against 86.25 MnT in Jul&#8217;17.<\/p>\n<p style=\"text-align: justify;\">The country imported 714.41 MnT iron ore in the \ufb01rst eight months of 2017, which was higher by 7% Y-o-Y.<\/p>\n<p style=\"text-align: justify;\">The country imported 669.7 MnT iron ore during the same period in 2016. It is believed that to curb the pollution a considerable cut in the use of Sinter, along with minimized feed of low grade ore is noticed in China and made a way for the transition to high grade lump and pellets by Chinese steel mills.<\/p>\n<p style=\"text-align: justify;\">The preference for the pellets and scrap over iron ore by the Chinese steel manufactures is driving the global market currently and the growing global pellet premium that stands at USD 49\/MT, CFR China with a jump of 18% W-o-W against USD 41.5\/MT, CFR China is being connected to the momentum in the Indian export deals that are completed recently.<\/p>\n<p style=\"text-align: justify;\">The upward movement in India pellet export market had the repercussions on global steelmaking raw material market pushing the spot pellet premium up.<\/p>\n<p style=\"text-align: justify;\">\u00a0<img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1541 aligncenter\" src=\"http:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/09\/4.jpg\" alt=\"4\" width=\"568\" height=\"269\" \/><\/p>\n<p><strong>Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China, the world&#8217;s largest iron ore consumer produced around 115.49 MnT ROM (Run-of-mine) in Aug\u201917. Crude iron ore production was increased by 1% M-o-M even when the steelmaking raw material prices have sustained for a while. There was a slowdown of 0.34% Y-o-Y compared with the month of Aug&#8217;16 where the production was 115.1 MnT [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,46,53,65,62,45,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The serious risk for iron ore exporter - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The serious risk for iron ore exporter - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"China, the world&#8217;s largest iron ore consumer produced around 115.49 MnT ROM (Run-of-mine) in Aug\u201917. Crude iron ore production was increased by 1% M-o-M even when the steelmaking raw material prices have sustained for a while. There was a slowdown of 0.34% Y-o-Y compared with the month of Aug&#8217;16 where the production was 115.1 MnT [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Keyvan Jafari Tehrani\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-22T09:19:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-09-22T10:55:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/09\/3-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"552\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/\",\"url\":\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/\",\"name\":\"The serious risk for iron ore exporter - Keyvan Jafari Tehrani\",\"isPartOf\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\"},\"datePublished\":\"2017-09-22T09:19:08+00:00\",\"dateModified\":\"2017-09-22T10:55:21+00:00\",\"author\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\"},\"breadcrumb\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kjtehrani.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The serious risk for iron ore exporter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\",\"url\":\"https:\/\/kjtehrani.com\/en\/\",\"name\":\"Keyvan Jafari Tehrani\",\"description\":\"Personal Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kjtehrani.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\",\"name\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"caption\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\"},\"description\":\"Keyvan is the owner and CEO of Jame Tejarat Company (JTC) since its establishment in 2002. He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. Keyvan had 158th successful attendance as Keynote S., Speaker or panelist in International Overseas Conferences Worldwide during the past Decade.\",\"sameAs\":[\"http:\/\/kjtehrani.com\"],\"url\":\"https:\/\/kjtehrani.com\/en\/author\/kjtehrani\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The serious risk for iron ore exporter - Keyvan Jafari Tehrani","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kjtehrani.com\/en\/chinese-crude-iron-ore-production-up-1-in-aug1-7\/","og_locale":"en_US","og_type":"article","og_title":"The serious risk for iron ore exporter - Keyvan Jafari Tehrani","og_description":"China, the world&#8217;s largest iron ore consumer produced around 115.49 MnT ROM (Run-of-mine) in Aug\u201917. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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