With iron ore trading at around 184 a ton, (a midpoint price of Platts 62% IODEX on 4/8/2011), more and more investors everyday are gaining an interest in this base metal. As this interest increases, the market is beginning to see quite a few new mining companies spring up.
In June 2008, SP Global Platts launched the world's first daily iron ore price assessment, IODEX, from its Singapore office. Over the next two years, this price would gradually replace the old benchmark as more companies opted to price their physical iron ore using modern markettracking techniques.
Jun 02, 2014· Iron Ore is priced daily by Platts and The Steel Index (TSI). They are slightly different but the common thing is the 62% Fe grade that is used as the benchmark. There isn't a Spot price per se but there are "spot" cargoes being offered and bid against daily.
Iron Ore Prices and Iron Ore Price Charts. Iron Ore Fines Price USD/t ( EUR/t) 31 May 2017 52 Week Low USD/t 52 Week High USD/t. Iron Ore Pellets Price USD/t ( EUR/t) 31 May 2017 52 Week Low USD/t 52 Week High USD/t.
Iron Ore Prices and Iron Ore Price Charts , Current and historical Iron Ore prices and Iron Ore price charts on InvestmentMine. Chat; Irons Price List in India 2018 PriceDekho ... Platts Steel Pric Platts researches over 270 steel price series which are updated every month and made available to Platts Subscribers, Iron ore pellet .
IRON ORE 62% FE, CFR NORTH CHINA (PLATTS) FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) (NYMEX:TR1!). Get more trading ideas from BertrandPulce. Follow market experts, get opinions and be heard! Join the largest trading investing community on the planet.
Iron Ore Data Chart Calendar . Iron ore prices refer to Iron Ore Fine China Import percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. This page provides Iron Ore actual values, historical data, forecast, chart, statistics, economic calendar and news.
Applying the yeartodate average [Platts Iron Ore Index] price of 70 per metric ton and the hotrolled coil price of 620 per short ton for the remainder of the year, we would expect a 2017 adjusted EBITDA of approximately 650 million.
To help facilitate the transition of iron ore from annual contract pricing to shortterm pricing, Platts, on June 2, 2008, became the first independent publisher to provide daily price assessments ...
"From the iron ore futures product launch in 2013 to the end of 2016, the correlation between the iron ore futures price and the spot price was ", the UBS analysts said.