Iron ore indices
The Fastmarkets Iron Ore Index methodology is designed to provide market participants with a fair and robust reflection of the physical iron ore spot price level. The methodology incorporates structures and mechanisms to ensure a balanced and consistent calculation that is able to resist possible undue influences.
Metals methodology
Iron Ore; Manganese ore; Forecasting. ... Fastmarkets has launched new assessments for bleached and unbleached European sack kraft to provide assessments that are more in line with actual market prices. ... Fastmarkets is extending the consultation inviting feedback on the pricing methodology for its -AL-0004 and -AL-0346 aluminium P1020A ...
Iron Ore Price Forecast based on a Multi-Echelon Tandem
Iron ore has had a highly global market since setting a new pricing mechanism in 2008. With current dollar values, iron ore concentrate for sale price, which was $39 per tonne (62% Fe) in December ...
Methodology and Specifications Guide
Platts conducted an annual review and clarified guidelines for fines derivatives, as well as updating the minimum price movement increment for Iron ore port stocks. December 2019: …
New carbon-accounted iron ore and IODEX carbon intensity …
New carbon-accounted iron ore and IODEX carbon intensity symbols. ... Commodity Pricing & Market Data. Risk. Software. AI. CI Consulting. Energy Transition. Delivery Platforms ... Methodology & Participation MOC Participation Guidelines* Methodology Review & …
Iron Ore Review: New Pricing, Tight Supplies and Chinese Demand Defined
The control exercised by the Big Three will, to some extent, counteract the tendency to greater price instability that will result from the new pricing methods. The world iron ore market will be characterized by tight conditions and the next few years will be characterized by a gradual adaptation of supply—by way of addition of new capacity ...
Parlous state of play: the iron ore pricing mechanism
Over the first half of 2021, the sell-side has split into three camps, one exclusively conducts medium-grade fixed-price sales; another trades both fixed price and floating, using baskets; …
Methodology : Iron Ore Fines Export FOB East Coast
Methodology : Iron Ore Fines Export FOB East Coast India Introduction India's iron ore export shipments were recorded at 15.01 million tonnes (mn t) in FY23, as per data maintained with SteelMint. The shipments inched down by 1.6% y-o-y compared to 15.25 mn t in FY22. China continued to remain
Iron ore indices
Fastmarkets' rationale for adopting the price-discovery process described in this methodology document is to produce a consistent and representative indicator of market value to suit the …
China Unveils New Iron-Making Technology: A 3,600-Fold …
A groundbreaking new iron-making technology developed by Chinese researchers is poised to revolutionize the global steel industry. This innovative method, perfected after more than a decade of intensive research, promises to significantly enhance efficiency, reduce environmental impact, and reshape the landscape of steel production.
Global Iron Ore Market Weakness to Continue Beyond 2025
Iron ore prices are expected to remain subdued into 2025 and beyond, as outlined in a recent report by Fitch Solutions' BMI. Mining reports that potential stimulus announcements could impact market sentiment, though the overall trend leans towards lower prices amid rekindled trade tensions under a potential second Trump presidency.
Open consultation on methodology for Fastmarkets' iron ore …
Fastmarkets is inviting feedback from the industry on the pricing methodology for its iron ore indices, as part of its announced annual methodology review process. ... (US Gulf) premiums and outright prices between January 29 and February 4 because of the Lunar New Year holiday in China.
Development of a Group Method of Data Handling …
Iron ore is the basic raw material used in steel production. About 10 to 20 percent of total cost of steel is attributed to iron ore so that identification of factors affecting price of iron ore can be beneficial in controlling steel price [].Iron ore has previously confirmed itself to be a substantial resource in the economy and society [].More than half of the worldwide extraction of metal ...
Iron ore indices
The Fastmarkets Iron Ore Index methodology is designed to provide market participants with a fair and robust reflection of the physical iron ore spot price level. The methodology incorporates structures and mechanisms to ensure a balanced and consistent calculation that is able to resist possible undue influences.
Methodology
You can be confident that our pricing process is impartial, market-reflective and market-aligned. Our core methodology and expertise has defined us for more than 130 years. We pride ourselves on being transparent with our clients about how we assess our prices, so we publish every single methodology and price specification that our pricing ...
Metals: Iron Ore Indices
View all other metals methodologies here. Fastmarkets is a leading cross-commodity price reporting agency (PRA) in the agriculture, forest products and metals and mining markets. We give customers the insights to trade today and plan for tomorrow.
SGX adopts Fastmarkets' 65% Fe iron ore index for new …
The basis of settlement for the SGX's new product – the 65% Fe Iron Ore Index, published daily by Fastmarkets – is used widely in physical contracts. The SGX accounts for the bulk of the ex-China iron ore derivatives market and offers various price risk-management tools across different grades of iron ore products.
Global iron ore case study – how to optimize today's pricing …
Key price and consumer demand trends towards higher-quality ore premiums widening over time against low- and mid-grades with full analysis of the tailwinds behind our …
Platts proposes to publish new Atlantic iron ore prices, …
S&P Global Platts seeks feedback on its proposal to expand Atlantic iron ore coverage by launching an all-in price for direct reduction pellet on FOB Brazil, publishing its differential to the 65% fines and launching a new FOB Brazil 65% fines netback, effective April 1, …
Modelling the iron ore price index: A new perspective from …
The main factors influencing China's iron ore market price are cost, policies, international trade prices, and the macroeconomic situation (Hao et al., 2018), with the spot iron ore cost and freight (C&F) being primarily because of mining equipment, labour costs, and related taxes and fees.Further, since June 2017, the steel production capacity demand supply gap has …
Platts launches new direct reduction iron ore pellet …
Platts launches new DR pellet premium assessment Platts starts to publish all in DR pellet FOB Brazil price Platts launches 65% Fe FOB Brazil netback fines price S&P Global Platts has launched a new, direct reduction grade iron ore pellet premium and a corresponding all in DR pellet price on a FOB Brazil basis, as well as a new FOB Brazil 65% Fe fines netback, effective …
New Platts iron ore related codes | S&P Global
Commodity Pricing & Market Data. Risk. Software. AI. CI Consulting. Energy Transition. Delivery Platforms. Platts Connect. Data & Distribution. News & Research ... Methodology & Participation MOC Participation Guidelines* Methodology Review & Change. Regulatory Engagement & Market Issues* Corrections. Complaints* Reference Tools ...
IODEX
Platts Iron Ore Index, or IODEX (IODBZ00), is a benchmark assessment by S&P Global Commodity Insights of the spot price of physical iron ore. The assessment is based on a standard specification of iron ore fines with 62% iron, 2.25% …
Proposal to launch 67.5% Fe iron ore pellet feed indices
The proposed specifications for the new 67.5% Fe iron ore pellet feed premium index are as follows: ... Fastmarkets is extending the consultation inviting feedback on the pricing methodology for its -AL-0004 and -AL-0346 aluminium P1020A in-whs Rotterdam premiums, ahead of the definitive period of the EU's Carbon Border Adjustment ...
IODEX
Platts Iron Ore Index assessments reflect the tradeable price of iron ore at 5.30pm Singapore/Beijing time (9.30 am GMT). The IODEX assessment is not origin specific, and takes into account ores with iron content between 60-63.5% Prior to 2012, the spot market saw Indian material traded most actively; this shifted, with Australia being the main source of spot medium …
Iron Ore Index (IODEX) Explained | S&P Global …
Evolution of the Iron Ore Market. From S&P Global Commodity Insights launching the first daily iron ore spot price assessment, Platts IODEX, on June 2, 2008, to Platts 62%-Fe IODEX CFR China reaching all-time highs in Q2 2021, the iron …
Iron Ore Price Forecast based on a Multi-Echelon Tandem
Iron ore has had a highly global market since setting a new pricing mechanism in 2008. With current dollar values, iron ore concentrate for sale price, which was $39 per tonne (62% Fe) in December 2015, reached $218 per tonne (62% Fe) in mid-2021.
Subscriber note: Platts proposes new 58% Fe iron ore price …
Platts is proposing to publish a new daily 58% Fe iron ore price assessment. Explore S&P Global. Search. EN. 한국어 Português ... Our Methodology Our Methodology. Methodology Review & Change. Market On Close. Price Assessments & Benchmarks. Index. Price Symbols. Methodology & Specifications ...
April 2024 Iron Ore Market on Close FAQ
the process Platts editors use to assess the price of iron ore and other commodities. The MOC approach to methodology operates on the principle that price is a function of time. Structured …
TSI Iron Ore 58% Fe Fines Index to Form Basis of New …
SINGAPORE, March 9, 2015 /PRNewswire/ -- The Singapore Exchange (SGX) is utilizing The Steel Index (TSI) daily iron ore price index published by Platts, a leading global provider of energy, petrochemicals, metals and agriculture information, as the settlement basis for its new iron ore swap and futures contracts launching March 9. "Platts and TSI operate rigorous price …