Jan 25, 2018· The move marks a major step in the evolution of iron ore pricing after the industry abandoned decades-old closed door talks between miners …
Iron ore price realization decreased by US$ 24.4/t due to the US$ 22.7/t reduction in the Platts ... Difference between the Platts IODEX 62% Fe and the 58% Fe Metal Bulletin index. 5 Coking coal demand from China drove imports to 30 Mt in the first five months of the year, on the
Daily steel industry news and prices from SBB, detailed coverage of steel market activity, plus monthly steel reports, forecasts, research, and events.
Jun 30, 2011· Why Did Platts Acquire Steel Business Briefing? by Lisa ... that SBB/Platts/TSI only hire people that have no experience in the industry in order …
Nov 09, 2012· The Important Factors to Consider When Investing in Iron Ore …. Because of their low iron grade, taconite and magnetite require greater processing than … Platts Iron Ore … This means that the difference between a 62% … »More detailed
Feb 01, 2019· Tap into our markets across the product suite, including Iron Ore Futures and Options, and begin benefitting from easy execution, reduced costs and reliable access around the clock. Additional value in our Iron Ore products can be found through: A global price established by …
Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and ...
Aug 06, 2014· Platts Steel Markets Daily is a leading source for scrap metal prices and iron ore news and prices. It is the only publication that publishes global metallurgical coal spot prices on a daily basis and contains two iron ore price benchmark assessments in one report: Platts IODEX and TSI 62% iron ore.
IRON ORE 62% FE PLATTS IODEX VS TSI CFR TIANJIN FUTURE Contract Specifications Description A monthly cash settled future based on the difference between the Platts daily assessment price for IODEX 62% Fe and The Steel Index (TSI) daily assessment price for Iron Ore (62% Fe, CFR Tianjin) Commodity Code IOS Contract Size 1,000 dry metric tonnes
The iron ore spot price became a mature benchmark in 2008 when Platts started publishing daily assessments. The Steel Index and Metal Bulletin followed suit shortly afterwards. The industry standard specification is 62% Fe (CFR China).
Feb 06, 2015· Cliffs Natural Resources' (NYSE:CLF) U.S. Iron Ore segment is the most important component of its business.It has buffered Cliffs against part of the decline in iron ore …
Recent formal consultations had allowed Platts to evolve its benchmarks, in line with changes in the iron ore market as it became more precise and efficient, she said in an emailed statement. Brazil's Vale said in an email the company uses different market indices for spot deals, while Rio Tinto said iron ore pricing was confidential.
Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. Indeed, it has been argued that iron ore is "more integral to the global economy than any other commodity, except perhaps oil ".
Feb 12, 2013· Its first iron ore derivative, a monthly swap future launched in late 2009, settles against the Platts 62 percent iron ore price, the prevalent assessment in physical iron ore transactions.
Find information for Iron Ore 62% Fe, CFR China (TSI) Futures Quotes provided by CME Group. View Quotes
Jul 29, 2015· Pellets are substitute to Calibrated lump ore. now the question where do you want to substitute them? in Blast furnace? or DRI plants? ( again in DRI plants, what technology DRI plant? coal based horizontal rotary kiln or gas based vertical kiln?)...
Iron ore is found in nature in the form of rocks, mixed with other elements. By means of various industrial processes incorporating cutting-edge technology, iron ore is processed and then sold to steel companies. The iron ore produced by Vale can be found in houses, cars and appliances.
Nov 29, 2017· Naturally-occuring iron ore varies in it's content. Also, you haven't said whether it is "benefacted ore" (crushed, with gangue material removed), or straight out of the ground. Obviously, if the latter is the case, even very rich ores seldom cont...
S&P Global Platts announces merger of TSI-62% and IODEX iron ore indices. With Ciaran Roe, global methodology specialist, metals. Hello, I'm Ciaran Roe, Global Methodology Specialist for Metals. This video will cover the merger of the TSI-62% and Platts iron ore index, or IODEX, price series that will come into effect January 2nd, 2018.
Platts steel prices (domestic and international) are researched, analysed and published for a range of steel products in the major world markets. PLATTS STEEL & RAW MATERIALS PRICES USER GUIDE » View our range of domestic, export and import steel prices from around the world. VIEW ALL STEEL PRICES SERIES »
Platts' Steel Markets Daily Expands Suite of Iron Ore Price …. IODEX, Platts' daily iron ore price assessment, now includes two new values that enhance trading, forecasting and investment decisions in the steel markets. »More detailed
This video will cover the merger of the TSI-62% and Platts iron ore index, or IODEX, price series that will come into effect January 2nd, 2018. ... This proposal came on the back of increased ...
May 26, 2017· Platts had conducted an iron ore methodology forum on Thursday, seeking market feedbacks on the proposed TSI-IODEX methodology alignment. The meeting was held in Singapore on 25 May 2017, and has invited market stakeholders to voice out their concerns and queries on the upcoming changes in TSI-IODEX methodology.
The following Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore assessments throughout the world. The various components of this guide are designed ... TSI Iron Ore Fines 58% Fe 1.5% Al China Imports CFR Qingdao Port TS01047 TSMBU03 TSMBX03 58% Fe, 9% moisture, 10% loss on ignition, 5.5%
Apr 10, 2011· Platts Iron Ore Benchmark ... Below is a chart they created to look at the difference between 58% Fe and 62% Fe. Here's a link to the report for further reading. (Source: northland.eu)
Platts PC3 and PC5 rates ... At many points last month the difference between the TSI 62% Fe and 58% Fe ... TSI 62% (US$/dmt CFR China) - RHS IRON ORE INVENTORY AT SMALL & MEDIUM MILLS
TSI Iron Ore China Devlivery 62% Fe - 2012 . Where will the rest of 2013 go? 55 75 95 115 135 155 175 ... • 'ash for difference' means you are paid out the difference between the index and ... published on The Steel Index Key Features Steel Mill effectively long Iron Ore Swap (bullish about
Nov 16, 2016· Platts Steel Markets Daily is a leading source for steel raw materials news and prices. It is the only publication that provides global metallurgical coal spot prices on a daily basis, two iron ore benchmark assessments in one report (Platts IODEX and TSI 62% iron ore) and information on steel scrap and ferro-alloys.
Jan 25, 2018· By Ruby Lian and Josephine Mason. SHANGHAI (Reuters) - Chinese steelmakers have succeeded in a push to include domestic iron ore price indices in some 2018 annual supply contracts with global miners, four industry sources said, as the world's top buyer boosts its clout over pricing of major commodities.
A monthly cash settled future based on the difference between the Platts daily assessment price for IODEX 62% Fe and The Steel Index (TSI) daily assessment price for Iron Ore (62% Fe, CFR Tianjin)