mysteel iron ore index methodology

Imported Iron Ore Data & News from China | Mysteel Global

Oct 15 2021 PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership.; Sep 30 2021 Nippon Steel ends steelmaking in Kura, western Japan; Sep 15 2021 Ops among Jiangsu rebar mills fall on power-use curbs; Sep 03 2021 More Chinese steel mills announce stoppages in Sept; Aug 24 2021 Japan Jul crude steel output up …

Mysteel Iron Ore Index Methodology

Mysteel Iron Ore Index Methodology| December 2019 4 Introduction This document explains the methodology for the calculation and management of the Mysteel Iron Ore Indices ("the Indices" or "MIODEX" for short). The indices aim to reflect price changes in the physical iron ore market every day, and to provide an important

Parlous state of play: the iron ore pricing mechanism

Use of Tier 1-3 in Index Creation mn DWT % For years, Argus has highlighted forces fragmentating the mainstream iron ore market. Chief among those was a wish by China to have some choice over the index it used. This has happened, to a degree. But diversification presented a paradox: to avoid chaos, some basic uniformity in that choice was required.

Phasing out the blast furnace to meet global climate ...

Iron and steel production accounts for 7% of anthropogenic greenhouse gas emissions. We estimate expected future emissions from steel based on an improved approach to committed emissions accounting that uses actual equipment-level data. Without starting to phase out unmitigated blast furnaces soon the operation of current steel production equipment will …

Iron ore displays safe haven qualities amid commodities ...

Even though S&P Global Platts assessed 62% Fe iron ore delivered China down $2.30/mt to $87.20/mt Monday, its price is still nearly 7% higher than one month ago and 5% above the levels of one year ago, shortly after miner Vale's fatal tailing dam accident in Brazil curtailed supplies. "Iron ore is exerting 'safe-haven' resilience on Monday ...

Issue : 2919 Wednesday, 08 Jul 2020

Below is the brief near-term outlook of the five key steel products Mysteel shares ... detailed methodology by clicking on this link Click here Assigning weightage to data points-: 1. ... Iron Ore Index 0-10 mm, Fe 63% 1,900 + 50 0 Iron Ore . …

Fastmarkets Iron Ore Index

Fastmarkets Iron Ore Indices Fastmarkets has over 130 years of commodity expertise and aims to be the world's leading and most trusted price reporting and intelligence service. Using transparent and auditable methodologies to report data and insights in a variety of industries, we provide interested parties with a clear picture on the ...

Mysteel Iron Ore Index Daily 0224 | Iron Ore | Economies

Mysteel Index Iron Ore 62 Derivative (MONTH) $/dmt Parameters. Exchange Month Price Change Note: 7.037 CNY/USD Port Charge： 30 Yuan Rate: 89.20 Mysteel uses observed market liquidity to determine SEADEX(¥)= March -0.65 when to switch to the next forward month ...

A tough 12 years for Bursa Malaysia steel companies

MITI. Unfortunately, the Malaysian iron and steel sector is a tough one from a business perspective. The Malaysian Iron and Steel Federation (MISIF) projected the apparent steel consumption to grow at a CAGR of 3.5 % from 2017 to 2025. This 3.5 % CAGR is much lower than the GDP growth rate of the country.

India's most trusted platform for iron and steel prices ...

The mine has total geological resources of 278.04 mn t of iron ore. SteelMint data shows that Odisha recorded merchant iron ore despatches at 3.93 mn t in Oct, an increase of 16% on the month against 3.38 mn t in Sep. This figure excludes despatches from captive mines and movement for exports.

Iron Ore Marker Price Methodology & Specifications

Basis of IHS Markit Iron Ore methodology IHS Markit assesses the iron ore markets using a methodology that has been designed to reflect the way these markets trade. The principle purpose of the methodology is to produce price markers that are fair, consistent and reliable indicators of standard market values in the markets being assessed.

Fastmarkets Iron Ore Index Methodology and Usage

The Iron Ore Index methodology has been designed to meet the requirements of the financial market as well as the physical market. There are a number of key requirements that the Iron Ore Indices satisfy for use in the financial market. These include the need for the index calculation to be a repeatable, mechanistic process with the removal of ...

IODEX - Iron Ore Price assessment | S&P Global Platts

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 teeters on $US100/t as Chinese steel chokes ...

On November 24, Mysteel reported 62 per cent Australian iron ore fines had increased by $4.5 per dry metric tonne to $103.45 – the first breach above $100 since the beginning of the month. But a ...

Chrome ore stocks at Chinese ports remain low | Metal ...

Chrome ore inventories at China's ports remain at low levels on greater demand from ferro-chrome smelters as well as lower imports. At the end of last week, chrome ore stocks at Chinese ports stood at 1.48 million tonnes, down 118,000 tonnes from two weeks ago, according to the latest figure from data provider Mysteel.

Mysteel Weekly - China Daily

Iron ore prices on domestic spot market were also hiking at the same time. By end-December, the price on vehicle at Tianjin Port for Indian iron ore 63.5% has grown to RMB900/ton, up 13% from November. Indian government decided to increase tax on iron ore exported on December 24, 2009, which sent ore prices onto the upward track.

Weekly iron ore wrap: Prices rise before softening mid-week

» Methodology & Specifications » Data Provider Login | Events » Future events | Market Data » Steel and Raw materials » Platts Steel Data and Analysis; The below article is from the archive an year old and is provided for illustration purposes. To get the most recent news, take the free trail. Takes a minute to complete.

Metal Bulletin Iron Ore 66% Fe Concentrate Index …

grades, to a single iron content and using the latest freight rates supplied by one of the leading brokers to a single port (Qingdao). The normalisation coefficients Metal Bulletin Iron Ore 66% Fe Concentrate Index Methodology extensive historical data and history of reporting prices in this market, and are updated every three months to reflect the

Vedanta Resources plc FY 2016 Interim Results

Iron Ore1 62 16% 39 5% Copper Zambia 6,894 3% 5,639 (5)%4 Group- Adjusted2 43% 30% Notes: 1. Mysteel Iron Ore Index Prices for 56% Fe FoB India. 2. Excludes custom smelting at Copper and Zinc India operations. 3. Based on profit for the period after excluding special items and other gains and losses, and their resultant tax and minority ...

Mysteel Global | Prices, Data & News from the Chinese ...

WEEKLY: China's FeMo prices drop on mills' lower bidding Nov 23, 2021. China's price of ferromolybdenum (FeMo) under Mysteel's survey decreased for the fourth week during November 15-19, reflecting the lower buying prices tabled by domestic steel mills over the period, market sources said. NDRC: Beijing confident upon preventing inflation in ...

Jul 8, 2013, Monday/Volume 2/Issue 620 ...

3 .Mysteel Iron Ore Index adopts former Mysteel Imported Iron Ore Price Index, including price of 58% Fe to 63.5% Fe Indian fines settled by US dollars. Other grades and varieties of ores are newly added. Assessment methodology and the statistical definition are the same as that of the former Mysteel Imported Iron Ore Price Index. 4.

Steel | SteelMint

93 Reads 1 Min 15 Dec 2021, 15:58 IST. China's crude steel output falls 22%, y-o-y, to 69.31 mn t in Nov'21. Finish Flat Intel. 194 Reads 1 Min 15 Dec 2021, 12:46 IST. SteelMint: Raipur billet index sees trade volumes fall by 7% in Nov'21 on weak steel demand. Semi Finished Insight.

Mysteel iod 20141113 by Shanghai Ganglian E-commerce ...

Assessment methodology and the statistical definition are the same as that of the former Mysteel Imported Iron Ore Price Index. 4. Payment: L/C transaction, settled in US dollars.

Iron Ore index methodology Edit - steelmint.com

Odisha Iron Ore Index Ex-Mines 5 -18 mm, Fe 63%, DR Grade 3,000 t Advance Payment 2-4 Weeks Saturday at 16:00 IST Odisha Iron Ore Index Ex-Mines 10-30mm, Fe 63%, BF Grade 3,000 t Advance Payment 2-4 Weeks Saturday at ... Iron Ore index methodology_Edit.cdr ...

MMi Dashboard - Hellenic Shipping News

iron ore domesti on entrate index alulation methodology MMi iron ore indices are compiled from data provided by companies that are part of the iron ore …

mill scale selling price in china

millscale selling price in china. iron mill scale market price in china grinding mill china cost of millscale fines ccm quarry gold processing plant cost cost and product selling price get price mill scale price china at the present 635 iron …

Suez Canal blockage may heighten price pressures in steel ...

Suez Canal blockage may heighten price pressures in steel, metals: sources. London — The Suez Canal blockage by the grounded Ever Given container ship is not expected to immediately impact steel and metals supplies worldwide, market sources said March 25. However, it is fueling expectations of eventual rises in bunker and freight rates and ...

Specifications guide Iron ore - S&P Global

The following Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore assessments throughout the world. These are the timestamps used for Platts iron ore assessments. Data reported at or after these timestamps is not considered in the assessment process. Asia: 5.30pm Singapore Atlantic: 4.30pm ...

Mysteel.net

WEEKLY: China iron ore port stocks hover at 155 mln t Dec 10 2021. By December 9, imported iron ore stocks at China's 45 major ports under Mysteel's survey remained largely stable at 154.8 million tonnes, or up for the 11th week though by just 279,800 tonnes or 0.2%, chiefly as the growth in new arrivals had outpaced the rises in daily ...

China steel, iron ore price support dependent on stimulus ...

The Platts 62% Fe IODEX assessment rose to $85.05/dmt CGR China Tuesday, up almost $10/mt since Friday after a dam burst in Brazil threatened iron ore supplies. Wood Mac said it expected the Chinese market for iron ore will stagnate and decline over the longer term and India will pick up growth in the sector.

Platts Iron Ore methodology — the global iron ore ...

The Steel Index Iron Ore. platts assessed its 62 iron ore index at us$145.30/t cfr north china on dec. 4, up us$7.5/t from the day before. platts attributed the mov • ICE Iron Ore clearing swap partner Platts has a 100 year history of benchmark development & stewardship - Proven robust, consistent and independent methodology over 100 years ...