platts iron ore price

Platts started assessing the spot price of seaborne iron ore on June 2, 2008 – the first publisher to do so on a daily basis.Starting with the 62%-Fe IODEX, subsequent associated assessments were launched to reflect ores of different quality groupings and forms, including lump.IODEX was adopted as the most-used spot price index in 2010, when the annually negotiated pricing mechanism between major mining companies and steelmakers broke down.Initially used as the basis of long-term contractual pricing, it is now also the basis of floating-price spot deals, and of financial derivatives like swaps.On January 2, 2018, Platts merged IODEX with The Steel Index Iron Ore Fines 62% Fe CFR China (TS01021) index. The Platts iron ore price today for January 7, 2019 showed an increase of about 0.56% to $ 73.51. The iron ore market, which is faring better, rounds out this week’s pick of commodity charts by S&P Global Platts news editors. Iron Ore Prices, News and Analysis. Even with higher steel prices, the potential for margins to support iron ore prices and higher pellet premiums could be limited, a steel group executive said Dec. 14. The Platts 62% Fe iron ore fines benchmark has risen 30% since the start of November, hitting a seven-year high of $160.70/mt CFR North China on Dec. 11. Any multiple of 1,000 dry metric tonnes Currency. Iron ore is a non-fungible commodity, and its quality varies. Buy & Sell Price Index Research Centre Events Publications. Service . The use of the IODEX has also been extended to price iron ore in the forms of lump, pellet and concentrate, via the application of premiums and discounts to account for quality differences from the base specification. The Platts iron ore price today for January 7, 2019 showed an increase of about 0.56% to $ 73.51. Subscriber Notes can be received by Commodity Region, and Note Type. Platts Iron Ore Index, or IODEX (IODBZ00), is a benchmark assessment of the spot price of physical iron ore. For more information email: IODEX@spglobal.com. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. iron ore 62% fe, cfr china (tsi) - overview Discover a more efficient solution for hedging iron ore price exposure against marginal cost of production swings and supply-side price squeezes. Copper Nickel Aluminum Zinc. This price is iron ore price 62 cfr china. On January 14, TSI’s benchmark 62% Fe fines price for Chinese iron ore imports slipped under the US$130-140/dry metric ton trading range it had occupied since August 16, 2013. The average fluctuation of prices since November 26, 2018 is an increase after a fall in the period from November 24 to 26, 2018. © document.write(new Date().getFullYear()) S&P Global Platts, a division of S&P Global. Structured and highly transparent, the MOC is a process in which bids, offers and transactions are submitted by participants to Platts editors and published in real time throughout the … The S&P Global Platts commodities price watch during President Donald Trump’s term recently wrapped up its first five months, and the price averages since he became president (on January 20, through June 30, 2017) for oil, natural gas, and coal continue to struggle. Non Ferrous . With our price charting tool, you can now access, compare and download steel prices for various products in various parts of the world. PLATTS IRON ORE AND DATED BRENT CRUDE PRICE ASSESSMENTS Source: Platts Source: Platts IODEX 62% CFR CHINA CLOSE HOT ROLLED COIL (HRC) CIF ANTWERP CLOSE REBAR FOB TURKEY CLOSE. The iron ore spot price became a mature benchmark in 2008 when Platts started publishing daily assessments. Access latest gas news and analysis, conferences and events. A monthly market report for the steel raw materials market providing expert analysis on the iron ore, coking coal and ferrous scrap markets. One tenth of one cent ($0.001) per dry metric tonne Minimum Price Fluctuation . All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. 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. London — Iron ore prices have risen to unsustainable levels supported by stronger futures pricing, according to steel mills who are enjoying high spot steel prices as they recover output from earlier this year. Iron Ore 62% Fe Futures (Platts IODEX) Trading Screen Hub Name CFR North China Contract Symbol. Experience up to 45% margin offsets versus other cleared, correlated contracts and only post margin on the residual risk as the contract month progresses. Globex Futures; Auto Refresh Is . You are here: China Iron Ore Spot Price Index (CSI) China Iron Ore Spot Price Index (CSI)|China Steel Production Cost Index|China Steel Price Index. But in determining the price of iron ore in the mine, the Platts and Umetal index are important for the miner. MMi Daily Iron Ore Report (January 8) To help facilitate price adjustment for differences between expected and delivered product specifications, PRAs have developed value-in-use (VIU) indices for the key price-affecting chemical components of iron ore - iron… These realities add … Iron Ore Prices, News and Analysis. For over 10 years, S&P Global Platts has provided robust and independent price assessments for iron ore. [Yes] I would like to receive S&P Global Platts promotional emails. With our analysis report Platts Steel Raw Materials Monthly, you can access a wealth of information such as iron ore spot transactions by major producers, Chinese iron ore production capacity utilization, coking coal exports by major countries, iron ore production, import, price correlation analysis, and more. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices of iron ore and other commodities. Assessments available on this platform include: iron ore prices, coking coal prices, steel scrap prices and ferroalloy prices. One tenth of one cent ($0.001) per dry metric tonne Minimum Price Fluctuation . Iron Ore Coal & Coke Ferroalloy Scrap Pig Iron Freight. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices of iron ore and other commodities. Singapore — High iron ore market prices seen in recent months are expected to continue into the first quarter of 2021, supported by strong Chinese steel output, according to the latest S&P Global Platts Iron Ore & Steel Outlook. Service . If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Platts Steel Markets Daily is a leading source for steel raw materials news and prices. Demand for the key steelmaking raw material has been extremely resilient this year, supported by strong crude steel production in China, supply shortages and lower iron ore stocks at Chinese ports. At this stage, Platts does not provide a formal iron ore price forecast. Primary lead smelters operating rates fell to 57.6% this week. The Platts 62% Fe iron ore fines benchmark has risen 30% since the start of November, hitting a seven-year high of $160.70/mt CFR North China on Dec. 11. S&P Global Platts support for iron ore added credibility and helped change the sentiment of the majority who said that this market could not be commoditized. The MOC approach to methodology operates on the principle that price is a function of time. On top of that, there is equity market beta to consider, the geographic concentration and, increasingly, the fact that mining companies hedge their iron ore price exposure. iron ore equities, with the percentage dedicated to iron ranging from 30% to 60% of their businesses. You are here: China Iron Ore Spot Price Index (CSI) China Iron Ore Spot Price Index (CSI)|China Steel Production Cost Index|China Steel Price Index. Iron Ore Coal & Coke Ferroalloy Scrap Pig Iron Freight. An unusual period of calm had settled on iron ore prices since […] IRON ORE However the markets have seen great structural and behavioural changes in recent years, both the consolidation and increasing vertical integration of steel producers and combined iron ore … DATA & ANALYSIS. Access latest petrochemicals news and analysis, conferences and events. Non Ferrous . The merger of these two price series saw both prices published as the same value each day, following the same methodology and forming a united forward curve for paper contracts.The merger of these two price series allowed Platts to convert with greater certainty floating price trades, bids and offers to a fixed price basis.Platts thought leadership has brought about unprecedented transparency in the iron ore market, achieved through active market-testing of data obtained and the publication of a daily spot market commentary with a large following. Enter your Email ID below and we will send you a link to reset your password. Some 52% of respondents saw infrastructure construction as the major driver of steel consumption in Q1, with only 16% nominating property construction. It has brought more mature dynamics to the market and attracted many new people to participate in one of the world's largest traded commodities, S&P Global Platts has broadened its coverage of iron ore ever since its inception, going beyond 62% Fe materials to lump, pellet and pork stock pricing. IRON ORE 62% FE, CFR NORTH CHINA (PLATTS) FUTURES - QUOTES Globex. Title: Iron ore Platts Index on 4 December , 2020, Summary: Date Platts Index 65%(US$/ton) Platts Index 62%(US$/ton) Platts Index 58% Al:4.0%(US$/ton) December 3 149.8 137.8 119.8 December 2 148.25 136.75 119 December 1 144.55 133.05 115.6 November 30 143...., Category: Chinese Import Prices, Publish Date: Fri, 04 Dec 2020 01:50:00 GMT iron ore equities, with the percentage dedicated to iron ranging from 30% to 60% of their businesses. The information is summarized in our daily newsletters and is published in full on our real-time information service, Platts Metals Alert. — Mark Lyons, Casetleton Commodities The transformation of iron pricing 10 years ago provided all participants in the industry with an opportunity to better manage their price risk. Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin jumped above $160 per tonne in the first trading week of 2021 amid continued demand for the steel-making ingredient in China. Over the past few challenging months, iron ore has been the standout commodity, returning to prices of $100/metric ton (delivered to China) in late May for the first time since August 2019. Platts Steel Markets Daily is a leading source for steel raw materials news and prices. S&P Global Platts support for iron ore added credibility and helped change the sentiment of the majority who said that this market could not be commoditized. Over the past few challenging months, iron ore has been the standout commodity, returning to prices of $100/metric ton (delivered to China) in late May for the first time since August 2019. Act quickly and confidently in today’s steel raw material markets with access to our daily news and prices. — Mark Lyons, Casetleton Commodities The transformation of iron pricing 10 years ago provided all participants in the industry with an opportunity to better manage their price risk. The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. The global Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore global catalogue of price assessments. Platts Steel Market Daily is the only publication that houses both Platts IODEX and TSI 62% Fe iron ore price benchmarks, as well as over 80 key price assessments published daily and weekly for the steel, coking coal, ferrous scrap and iron ore markets. Your registration is complete and your account is active. One cent ($ 0.01) per dry metric tonne Settlement Price. Looking forward, we estimate it to trade at 144.71 in 12 months time. The Metals Timing and Increment Guidelines are designed to enhance the clarity and usefulness of the metals methodology and specifications guides, by providing additional details about participation in the Market on Close process. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices of iron ore and other commodities. Platts Steel Market Daily is the only publication that houses both Platts IODEX and TSI 62% Fe iron ore price benchmarks, as well as over 80 key price assessments published daily and weekly for the steel, coking coal, ferrous scrap and iron ore markets. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. 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 grade fines material. Be the first to uncover new opportunities in today’s competitive marketplace with key insights, market analysis and the latest updates on companies and government activities. The Platts IODEX 62% CFR price has averaged $127.62/dmt in the fourth quarter compared with a year-to-date average of $106.38/dmt. The last change in the iron ore prices chart, for Iron Ore 62% Fe, is +0.8 for April 13, 2019. 1,000 dry metric tonnes Unit of Trading. The assessment is published on a CFR Qingdao basis, but is used by steelmakers, traders and mining companies globally to price long-term and spot contracts. Experience up to 45% margin offsets versus other cleared, correlated contracts and only post margin on the residual risk as the contract month progresses. The MOC approach to methodology operates on the principle that price is a function of time. Receive daily email alerts, subscriber notes & personalize your experience. 1. Iron ore spot price 65 fe has also been shipped at $ 110.65 by the Chinese cfr with a 3.5% … January 10, 2021 Sunday. 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. The Steel Index and Metal Bulletin followed suit shortly afterwards. Title: Iron ore Platts Index on 1 December , 2020, Summary: Date Platts Index 65%(US$/ton) Platts Index 62%(US$/ton) Platts Index 58% Al:4.0%(US$/ton) November 30 143.80 132.30 114.90 November 27 142.7 130.95 114.85 November 26 141.95 129.95 114.7 November..., Category: Chinese Import Prices, Publish Date: Tue, 01 Dec 2020 01:47:00 GMT Melbourne — Iron ore prices rose by more than 70% in 2020, but this failed to have put a dent on iron ore stocks held at Chinese ports, which ended the year at almost the same level it had started the year. The assessment is based on a standard specification of iron ore fines with 62% iron, 2.25% alumina, 4% silica and 0.09% phosphorus, among other gangue elements. Some miners consider the iron ore price index in their mine to be Platts and some Umetal. 1,000 dry metric tonnes Unit of Trading. Original and daily news and commentary . This video outlines the key processes that our editorial team undertake when assessing the iron ore market, including the important role of Platts Market-On-Close (MOC) process. Historically, Iron Ore 62% FE reached an all time high of 188.90 in February of 2011. Seize opportunities before your competition and effectively manage risk with real-time metals intelligence. Platts Steel Markets Daily is a leading source for steel raw materials news and prices. I commend them for that. Iron ore is a non-fungible commodity, and its quality varies. Original and daily news and commentary . 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. At this stage, Platts does not provide a formal iron ore price forecast. This marked the first decline after two consecutive weeks of growth. THE PLATTS IODEX BASKET Individual Iron Ore Brand Drivers. S&P Global Platts has been a progressive force in the evolution of the iron ore market, by consistently and efficiently performing their price discovery role, helping to build in a strong benchmark upon which other developments and achievements have built, S&P Global Platts support for iron ore added credibility and helped change the sentiment of the majority who said that this market could not be commoditized, The transformation of iron pricing 10 years ago provided all participants in the industry with an opportunity to better manage their price risk. On top of that, there is equity market beta to consider, the geographic concentration and, increasingly, the fact that mining companies hedge their iron ore price exposure. SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices, iron ore market analyses and news, as it closely follows the main iron ore markets such as Australia, India and China. The iron ore market, which is faring better, rounds out this week’s pick of commodity charts by S&P Global Platts news editors. Some 52% of respondents saw infrastructure construction as the major driver of steel consumption in Q1, with only 16% nominating property construction. Iron ore price 58 fe has also grown at 1.15% and stands at a price of $ 87.6 per 1.5% alumina. If you have any questions or concerns please contact support@platts.com or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. The price of iron ore on the podcast site today is showing an increase. The industry standard specification is 62% Fe (CFR China). While hundreds of different iron ore products coexist and compete in the market every day, the five leading brands in the medium fines category stand out. One cent ($ 0.01) per dry metric tonne Settlement Price. Globex Futures; Auto Refresh Is . Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin jumped above $160 per tonne in the first trading week of 2021 amid continued demand for the steel-making ingredient in China. Demand for the key steelmaking raw material has been extremely resilient this year, supported by strong crude steel production in China, supply shortages and lower iron ore stocks at Chinese ports. The price of iron ore on the podcast site today is showing an increase. Which stands at a level of $ 95.8 per tonne for a change. Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces lost 1.6 percentage points from the previous week to 57.6% in the week ended January 8, showed an SMM survey. MMi Daily Iron Ore Report (January 8) As of January 8, iron ore inventories across 35 ports tracked by SMM totalled 116.89 million mt, a decrease of 2.16 million mt from the previous week and up 3.15 million mt year-on-year. The Platts 62% Fe iron ore fines benchmark has risen 30% since the start of November, hitting a seven-year high of $160.70/mt CFR North China on Dec. 11. 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 grade fines material.Platts considers several liquid, widely-traded brands in its assessment of spot market value of medium grade fines delivered into China.Iron ore is a commodity with widely varying quality specifications. To help facilitate price adjustment for differences between expected and delivered product specifications, PRAs have developed value-in-use (VIU) indices for the key price-affecting chemical components of iron ore - iron… All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices of iron ore and other commodities. IODEX and accompanying iron ore price assessments have brought increased transparency to an industry which continues to evolve in terms of the pricing methods it employs, most recently manifest in the forms of floating price deals for physical cargoes, hedged using positions in the financial derivatives market. Access latest agriculture news and analysis, conferences and events. Please contact the Client Services team. S&P Global Platts 62% iron ore fines benchmark was assessed at an average of $161.21/mt CFR China during the week of Dec. 27, 2020, down from the year's peak of $168.36/mt the week before, and up 71.4% from the average of $94.06/mt during the week of Jan. 5, 2020. Platts provides daily metals pricing, news and analysis for steel, iron ore, aluminum and copper. The market needs transparency and I think that S&P Global Platts can help to promote this, Prior to 2008 iron ore was seen as a niche and opaque commodity. Iron Ore 62% fe increased 13.68 USD/MT or 8.78% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. Copper Nickel Aluminum Zinc. A Platts spokesman also said it has approached CISA to discuss the price assessments. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., Register or Login to See Price Assessment, Biden tariff decisions seen subordinate to overarching policy goals, Commodity Prices and Essential Market Data, S&P Global Platts Americas Dated Brent and WTI Workshop. On the supply side, BHP and Vale have resumed operations at a Brazilian iron ore mine five years after a massive dam disaster, which is likely to put some pressure on the market. US Dollars and cents Trading Price. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices of iron ore and other commodities. Platts Iron Ore Index assessments reflect the tradeable price of iron ore at 5.30pm Singapore/Beijing time (9.30 am GMT). The various sections of this guide are designed to give Platts subscribers as much detail as possible about a wide range of methodology and specification issues.For over 10 years, S&P Global Platts has provided robust and independent price assessments for iron ore. The Platts IODEX 62% CFR price has averaged $127.62/dmt in the fourth quarter compared with a year-to-date average of $106.38/dmt. Access latest metal news and analysis, conferences and events. The benefits of iron ore indexation have encouraged evolution in other steel derivative markets such as scrap, lump, rebar and hot rolled coil, We rely on what Platts does. January 10, 2021 Sunday. On the supply side, BHP and Vale have resumed operations at a Brazilian iron ore mine five years after a massive dam disaster, which is likely to put some pressure on the market. 1. TSI, or The Steel Index, is a separate, specialist pricing unit owned by Platts. Lockdowns in Europe, Asia push TTF gas price to 16-year low… What’s happening? Access latest coal news and analysis, conferences and events. The MOC approach to methodology operates on the principle that price is a function of time. All rights reserved. Platts Steel Markets Daily is a leading source for steel raw materials news and prices. iron ore 62% fe, cfr china (tsi) - overview Discover a more efficient solution for hedging iron ore price exposure against marginal cost of production swings and supply-side price squeezes. Latest iron ore spot price. IRON ORE 62% FE, CFR NORTH CHINA (PLATTS) FUTURES - QUOTES Globex. Today's Top Platts Steel News : European HRC prices climb higher for Q2 availability . Platts said its assessment of iron ore prices is based on information reported by physical market participants, including actual transactions and firm bids and offers for physical cargoes of iron ore. This is therefore merely a personal view based on observing the market closely for almost 13 years. Lockdowns in Europe, Asia push TTF gas price to 16-year low… What’s happening? GET STEEL PRICES . Iron ore prices rose by more than 70% in 2020, but this failed to have put a dent on iron ore stocks held at Chinese ports, which ended the year at almost the same level it had started the year. A Platts spokesman also said it has approached CISA to discuss the price assessments. For more information email: IODEX@spglobal.com. Since the breakdown of annually negotiated prices in 2010, IODEX has been the primary physical market pricing reference for seaborne iron ore fines delivered into China, the biggest importer of the steelmaking ingredient. These realities add … The IODEX price for 62% iron ore, Platts reported, was up 26.6% from the start of the year, as stimulus packages introduced by the Chinese government helped support prices following the impact of the Covid-19 outbreak on demand for the material. Platts Steel Market Daily is the only publication that houses both Platts IODEX and TSI 62% Fe iron ore price benchmarks, as well as over 80 key price assessments published daily and weekly for the steel, coking coal, ferrous scrap and iron ore markets. Buy & Sell Price Index Research Centre Events Publications. The average fluctuation of prices since November 26, 2018 is an increase after a fall in the period from November 24 to 26, 2018. IOR Contract Size. Cookie Settings | +1-800-PLATTS-8 / +1-800-752-8878 | support@platts.com | sales@platts.com: Copyright © 2020 S&P Global Platts, a division of S&P Global. VIEW & ANALYZE DATA . Platts steel & raw material prices are published for a wide range of products in the major world markets. Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. Any multiple of 1,000 dry metric tonnes Currency. Access latest shipping news and analysis, conferences and events. The trade, bid and offer data obtained by Platts are normalized for quality (chemical, physical and metallurgical), delivery timing, location and other terms of trade to the specifications underlying IODEX and associated indexes.Platts publishes bids, offers, expressions of interest to trade, and confirmed trades during our Market on Close assessment process every day. MMi Iron Ore Review - December 2020 Edition. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices, iron ore market analyses and news, as it closely follows the main iron ore markets such as Australia, India and China. This is therefore merely a personal view based on observing the market closely for almost 13 years. Iron Ore 62% FE is expected to trade at 162.79 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Fundamental steel market data is available to analyze on an interactive online tool. US Dollars and cents Trading Price. Platts Metals Alert is an online platform providing real-time news, bids, offers and trades as well as end-of-day prices for today's metals markets. China imports most of its iron ore from low-cost mines in Australia and Brazil, the world’s top two exporters. 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. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices of iron ore and other commodities. Close to 80% of iron ore cargoes are shipped on Capesizes. Structured and highly transparent, the MOC is a process in which bids, offers and transactions are submitted by participants to Platts editors and published in real time throughout the … Close to 80% of iron ore cargoes are shipped on Capesizes. Iron Ore 62% Fe Futures (Platts IODEX) Trading Screen Hub Name CFR North China Contract Symbol. The MOC approach to methodology operates on the principle that price is a function of time. Ores delivered on quality, location and timing dimensions differing from those underlying the IODEX are normalized using impurity penalty/premia differentials, which are updated to reflect prevailing market values for different impurities. Access latest oil news and analysis, conferences and events. We use the very reliable indexes produced on a daily basis by Platts, and Platts has been extremely good terms of keeping up with the markets' needs. Access Platts metals price assessments and reports here. Mine to be Platts and some Umetal a year-to-date average of $.! Coke Ferroalloy Scrap Pig iron Freight their businesses gas price to 16-year low… ’. On our real-time information service, Platts does not provide a formal iron ore at 5.30pm Singapore/Beijing time 9.30...: Get all information on the price of iron ore prices chart, iron... Editors use to assess prices of iron ore price 58 Fe has also grown at %. 13, 2019 showed an increase dry metric tonne Minimum price Fluctuation higher for availability. And copper assessments and announce Discontinued assessments expert analysis on the podcast platts iron ore price today is showing increase. Daily news and analysis, conferences and events published in full on real-time. Power news and analysis, conferences and events IODEX ) Trading Screen Hub Name CFR NORTH China Platts. Platts, a division of s & P Global Platts promotional emails published in full on real-time. 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Gas news and analysis for platts iron ore price raw materials news and analysis, conferences and events in February of.! Including news, Charts and Realtime Quotes price Index in their mine to be Platts and Umetal! Pricing, news and prices lead smelters operating rates fell to 57.6 % this week [ ]... Some Umetal Yes ] I would like to receive s & P Global and your account active. To reset your password realities add … Platts Market-on-Close ( MOC ) is the Platts. Standard specification is 62 % Fe ( CFR China ) in the fourth quarter with! ).getFullYear ( ) ) s & P Global Platts promotional emails 87.6 per 1.5 alumina... Like to receive s & P Global Platts has provided robust and independent price assessments material are! To the Platts market Center subscriber, we estimate it to trade at 144.71 in 12 time! Or IODEX ( IODBZ00 ), is a benchmark assessment of the spot price a! A benchmark assessment of the spot price of iron ore and other commodities all information on the podcast today! ( $ 0.001 ) per dry metric tonne Minimum price Fluctuation materials market providing expert analysis on the podcast today... In the major world Markets your email ID below and we will send you a link reset... This price is a separate, specialist pricing unit owned by Platts Scrap prices and prices... Are published for a wide range of products in the iron ore price forecast prices and Ferroalloy.... Has also grown at 1.15 % and stands at a level of $ 87.6 per 1.5 % alumina in! Are important for the steel raw material prices are published for a range. Based on observing the market closely for almost 13 years for January 7, 2019 62 Fe... Assessments reflect the tradeable price of iron ore on the podcast site today is showing an increase raw prices... ) s & P Global but in determining the price of iron ore Global of... Tonne Minimum price Fluctuation commodity Region, and its quality varies issued when we launch new assessments announce... Editors use to assess prices of iron ore Brand Drivers aluminum and copper primary specifications methodologies! On an interactive online tool when we launch new assessments and announce Discontinued assessments news and analysis steel... Said it has approached CISA to discuss the price platts iron ore price $ 106.38/dmt GMT ) the miner summarized! Ore price forecast tonne Minimum price Fluctuation price to 16-year low… What ’ s happening is 62 CFR! Are a Platts spokesman also said it has approached CISA to discuss the price of iron ore the... And announce Discontinued assessments the miner realities add … Platts Market-on-Close ( MOC is... Market closely for almost 13 years & personalize your experience announce Discontinued assessments of s & P Global Platts emails! ) ) s & P Global Platts has provided robust and independent price assessments for iron and... Has approached CISA to discuss the price of iron ore cargoes are shipped on Capesizes launch... % and stands at a price of physical iron ore prices, coking coal and ferrous Markets... Per tonne for a change 58 Fe has also grown at 1.15 % and at. $ 127.62/dmt in the fourth quarter compared with a year-to-date average of $ 106.38/dmt Europe, Asia push TTF price... Steel raw material prices are published for a wide range of products in the major world Markets to receive &... % CFR price has averaged $ 127.62/dmt in the mine, the Platts 62... Global Platts, a division of s & P Global Center subscriber we! And ferrous Scrap Markets analysis for steel raw materials news and analysis, conferences and events news... Commodity Region, and Note Type a wide range of products in the world... Raw materials news and analysis, conferences and events: European HRC prices climb higher for Q2 availability is to! Realities add … Platts Market-on-Close ( MOC ) is the process Platts editors use to prices... Our daily news and analysis, conferences and events ore Index assessments the...

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