Baltic Dry increased 848 index points or 66.15% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Baltic Exchange Dry Index reached an all time high of 11793 in May of 2008 and a record low of 290 in February of 2016.
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Summary:
Bloom Lake ore currently fetching US$130/t CFR China (approx)
All-in sustaining costs FOB Sept-Iles US$42/t
Freight cost Sept-Iles to China/Japan now US$38/t approx (US$28.50 current C3 rate - Brazil to China)
Total costs US$80/t
Gross profit US$50/t
Iron Ore price high but CIA costs also high
CIA yet to pay Canadian corporate taxes due to first year loss due to mine start-up
Net profit & EPS will be better than last quarter but not stellar (my opinion only).
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Baltic Dry increased 848 index points or 66.15% since the...
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 (20min delay)
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Last
$4.29 |
Change
-0.045(1.04%) |
Mkt cap ! $2.290B | |||
| Open | High | Low | Value | Volume |
| $4.35 | $4.37 | $4.28 | $2.819M | 653.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 7536 | $4.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.29 | 5680 | 16 |
View Market Depth
| Last trade - 13.02pm 13/08/2025 (20 minute delay) ? |
| CIA (ASX) Chart |