The days of the annual mating season when steelmakers and major iron ore miners would play brinkmanship over who would give way first over setting an annual iron ore price are long over. Compare up to five different price series over a selected period of time. The authors have also conducted more than 60 indepth interviewswith significant producers, end users, traders. Mbs iron ore index is an accurate r epresentation of the seaborne merchant market for sinter. As a leading provider of trusted pricing intelligence and benchmarks to the metals and mining industry, our prices are relied upon globally to bring transparency to many markets. Metal bulletin have been reporting iron ore transactions since 19 and were instrumental in the development of the annual benchmark system. Since its development and launch in 2008, the metal bulletin iron ore index.
Market, prices and operating mine costs out to 2030 iron ore market intelligence service the most comprehensive and indepth iron ore market intelligence service available, providing everything you need to inform your business strategies in. Simultaneous translation between mandarin chinese and english. Metal bulletin iron ore index methodology specification and usage guide free download as pdf file. Fastmarkets mb price book contains over 950 global metal prices including steel prices and scrap prices. Its used by bloomberg, most newspapers, and updates at 6. The trilliondollarayear steel market accounts for 95 percent of all metal sold every year. Fastmarkets mb is totally impartial, and seeks to report an open and transparent representation of the market. International iron ore symposium 18th 25 27 june 2012 the hilton amsterdam.
The metal bulletin magazine contains the latest metal bulletin iron ore price index and steel products, and, of course, the market analysis of all mineral products that are available daily to the worlds industry activists. Our ioscocompliant price assessment process provides you with marketreflective insight into the actual spot market price at that given point in time. Fastmarkets mb will include price data from both globalore and corex in its index calculations. Mb iron ore index methodology metal bulletin mafiadoc. Fastmarkets is a leading commodity price reporting agency pra covering the metals, mining, minerals and forestry products industries. Metal bulletin the mbioi62 index is 62% fe cfr tianjin port china. As a necessary input for the production of primary steel, iron ore feeds the worlds largest metal market and the backbone of global infrastructure. Steel market tracker is the most complete and independent report to give you market analysis and price forecasting for the steel market. Metal bulletin announced that it will publish two new reference prices for the iron ore physical market. Metal bulletin launches 44% and 38% manganese ore indexes.
Mining bulletin prices metal bulletin icda argus media meps alibaba imni london metal exchange nickel. Fastmarkets mb is totally impartial, and seeks to report an open and. In association with china minmetals corporation, metal bulletin events china iron ore 2012 will address the major challenges and opportunities facing professionals working with, or within china. Please enter your email address below to start a free trial to access this powerful metals pricing tool. Methodology, specifications and usage september 2015. The metal bulletin 58% fe premium index is used by the singapore exchange sgx as the settlement price for 58% fe iron ore derivatives. Globalore has added metal bulletin s 62% fe iron ore index low alumina mbioi62la to its list of indices available for trading via the platform in response to requests from a number of active members in its physical trading community, the company said on monday august 27, the day the index. The mbioiir is calculated using the same methodology as metal bulletin s other iron ore indices, which are widely used in both the physical and financial markets.
Metal bulletin is the leading independent supplier of market intelligence and pricing to the global metals indus tries. Who are the main principals, brokers and exchanges. Fastmarkets has over years of commodity expertise and aims to be the worlds leading and most trusted price reporting and intelligence service. Start your 7 day free trial to fastmarkets mb today view over 950 global steel and metals. Metal bulletin iron ore index, uk in conjunction with media partners. In conjunction with china minmetals corporation 2011 for more information and to register please visit. Metal bulletin iron ore index mbioi guide methodology, specifications and usage this guide is intended to introduce users to the marketleading iron ore indices provided by metal bulletin. Christopher has been with metal bulletin for four years and looks after the day to day running of the iron ore index. Trading iron ore study is based on the extensive database and indepth knowledge of the industry from metal bulletin research. The iron ore guide contains the primary specifications and methodologies for platts iron ore global catalogue of price assessments. 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.
There are five iron ore benchmarks regularly quoted in the media as the official price. Metal bulletin manganese ore index methodology and results inaki villanueva metal bulletin analyst. Bulletin iron ore mbio index and analysis of the reasoning. This brand new report from metal bulletin s research arm, metal bulletin research mbr,gives a detailed analysis of the current status of the physical. The methodology has been designed to meet the requirements of the financial market as well as the physical market. In conjunction with china minmetals corporation iron ore china. Daily chrome ore prices,manganese ore prices, iron ore prices,nickel ore prices,ferroalloys prices,ilmenite and titanium price, rutile price, zircon sand price and steel prices. A new iron ore index, basis 58% iron content, delivered qingdao, and also a premium to the 58% fe index for high grade, low alumina and phosphorous material. Publishing and research group metal bulletin plans to launch an iron ore price index in the third quarter that can be used as a basis for hedging. 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. If you would like to subscribe to the mb daily iron ore index, please click here if you would like a free 2 week trial to the mb daily iron ore index, please click here. Cookies are pieces of information which include a unique reference code that a website transfers to your device.
Steel index that correlates with iron ore prices is it the way forward. Fastmarkets mb iron ore indices fastmarkets has over years of commodity expertise and aims to be the worlds leading and most trusted price reporting and intelligence service. Nssms original developping new titanium base to be used to gtr. Metal bulletin to launch iron ore index for hedging reuters.
In conjunction with china minmetals corporation china iron. Global minerals and metals information centermining bulletin. Kim leppold is a senior metals analyst for metal bulletin research. Fastmarkets mb research provides forecasts and analysis for the global metals and mining industry. Detailed explanation of the methodology for the new metal. The index is based on actual transactions, which are reported to fastmarkets mb by any market participant who is conducting trades on a cfr china spot basis. Discover over 950 global steel and metal prices, including exchange prices on a 30 minute delay. Market balance the fastmarkets mb iron ore index methodology is designed to provide market participants with a fair and robust reflection of the physical iron ore spot price level.
In the early days of iron ore s derivatives market development, smx was one of the first exchanges to offer a futures contract, based on metal bulletin s 62% fe index in 2011. In common with most websites, this site uses cookies to carry out various tasks including improving our users experience. The methodology is designed to meet market requirements for a fair and robust representation of the physical iron ore spot. Toyota keeps global outputs plan of this fiscal year. Elizaveta dmitrieva, ferrous and nonferrous metals. Spotlight on iron ore iron ore prices are not expected to increase significantly from current levels. And, in order to satisfy our demand for steel products, 1. Metal bulletin iron ore index methodology specification and usage. Metal bulletin manganese ore index methodology and results. Iron ore fines output at brazilbased miner vale fell by 18. Find out how much to buy, when to buy and what is the best price.
Metal bulletin iron ore index fastmarkets mb iron ore index. Fastmarkets mb iron ore index metal bulletin iron ore index. He previously worked for hermes fund managers in their emerging market equities department. The index is based on actual transactions, which are reported to mb by any market. Key exports for developing countries are iron ore fines, lumps, concentrates, pellets and. Seaborne prices follow oil lower seaborne iron ore prices dropped on tuesday april 21, following the crash in us oil prices, which fell into negative territory late on monday evening in singapore for the first time on record, fastmarkets understands. Start your 7 day free trial to fastmarkets mb today view over 950 global steel and metals reference prices. Metal bulletins 62% fe iron ore index low alumina on. Price forecasts for slab, billet, plates, hotrolled sheetcoil, coldrolled sheetcoil, hot dipped galvanised, rebar and wire rod. Fastmarkets has over years of commodity expertise and aims to be the worlds leading and most trusted price reporting. Japans crude steel outputs for aprilseptember are expected to increase to 52.
Metal bulletin events reserve the right to alter the venue, timings andor speakers. Metal bulletin index christopher ellis is an analyst with in the metal bulletin index, a leading market information and pricing company. Japan metal bulletin japanese iron and steel, nonferrous. Sgx also launched a lowgrade iron ore contract settled against metal bulletin s 58% fe premium index in 2015 to complement its established midgrade offering. The company is also a key user of metal bulletin s 62% fe iron ore index mbioi62 for its midgrade products. With over 350 attendees in 2011 and many more expected in 2012, attend.