[sudden] tanker explosion iron ore plate abnormal movement large pull up

Published: Jun 13, 2019 15:24 (GMT+8)

SMM6 13: foreign media sources said that Iran local time on June 13, two large oil tankers were attacked in the Sea of Oman. Iran's Al-Alam News Channel quoted local sources in Oman as saying there were two explosions in the Sea of Oman on Thursday morning. Sources said the two explosions were caused by attacks on oil tankers. The report added that a number of Pakistani sources also said that the oil tankers that had been attacked had sent distress calls to coastal countries. Although Iranian media claimed that oil tankers had been attacked and exploded in the region, no evidence had been provided.

Driven by this news, crude oil quickly pulled up, for sea freight prices are expected to rise, iron ore near the end of the day. By the end of the day, the iron ore 1909 contract of Dabang was up 1.56 percent at 78105 yuan per ton.

"[investment must see] Trade friction news flying all over the metal how to win in chaos?

"Click to enter the registration page

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Sep 22, 2026 16:11 (GMT+8)
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Read More
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
On September 22, Western Mining announced that its wholly owned subsidiary, Qinghai Ganxin Mining Development Co., Ltd. (“Ganxin Mining”), recently obtained a Mining License issued by the Department of Natural Resources of Qinghai Province. The mine, named the Geermu Tuwenchahan Iron Polymetallic Mine of Qinghai Ganxin Mining Development Co., Ltd., covers iron, copper, gold, molybdenum, zinc, lead, and silver as the permitted mining commodities. The mining license is valid from August 3, 2026, to August 30, 2043.
Sep 22, 2026 16:11 (GMT+8)
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
Sep 21, 2026 17:02 (GMT+8)
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
Read More
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
On September 21, Korea Zinc announced that its $7.4 billion US manufacturing project had passed the environmental impact assessment. The facility is scheduled to begin trial operations in 2029 and commercial production the following year, producing 11 critical minerals, 12 non-ferrous metals and semiconductor-grade sulfuric acid. In April, Korea Zinc said it had completed the acquisition of a local zinc smelter and other related companies. The company plans to implement the project by expanding and upgrading the existing facilities.
Sep 21, 2026 17:02 (GMT+8)
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Sep 11, 2026 18:30 (GMT+8)
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Read More
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
On September 9, 2026, Australia initiated its second sunset review of anti-dumping measures on galvanized steel sheet from India, Malaysia and Vietnam, and separately launched a sunset review of countervailing measures on imports from India. The review covers July 2025-June 2026, with the final report expected by February 11, 2027. As galvanized steel is the largest end-use sector for zinc, the measures directly affect export costs and competitiveness, potentially impacting Australia’s domestic zinc demand and supply chain. Maintaining the duties would provide some protection for domestic steel and coating capacity, while termination could increase low-priced imports and affect regional zinc consumption. The final outcome remains subject to the authorities’ determination.
Sep 11, 2026 18:30 (GMT+8)