Iron Ore Market Information

Iron ore is one of the biggest dry bulk commodities traded with estimated seaborne trade of more than 1 billion tonne every year. The financial tsunami in 2008 end delivered a death blow to age old annual benchmark pricing system. In the last 5 years the iron ore price mechanism has further changed from quarterly mostly to TSI/Platts index based spot system. Leveraging the volatility in iron ore prices, financial institutes have successfully created SWAPS to manage price risk and exposure. On the supply side also, some prominent sources like India have dried up while new sources like Iran, Venezuela, CIS etc have opened up for global trade With China being the largest consumer of seaborne traded iron ore, the global iron ore prices have a direct influence on health of steel sector in China. On the other hand, with almost 48% of global crude steel production and consumption, the steel prices in China have a direct bearing on steel prices in most of the steel consuming regions After downtrend during March to early June, iron ore prices have been recovering and are hovering a shade more than USD 130 CFR mark. In brief, the iron ore price monitoring parameters and mechanism has also undergone sea change. The new Iron Ore Market Information service provides you input on almost all the pricing points Import Prices CFR China & Export Prices FOB Country of Orgin Origin - Grades - Pilbara 61.5%, Newman 62.5%, Yandi 58%, Mac 62%, Robe River 57%, Australia PB Lumps 62.5%, Mac Lumps 62.5%, Yandi Lumps 58%, Newman Lumps 63% Brazil - SOFT 63.5%, SFCJ 66%, SSFT 65%, Lumps 65%, Pellets 66%, 63% - Fines 63.5/63%, 63/62%, 62/61%, 61/60%, 60/59%, 59/58%, 58/57%, India 57/56%, 55/54%, 53/52%, 50/50% Iran - Megnatite & Hematite Fines 61/61%, 61/60%, 60/59% CIS - Fines 67%, 65%, 63.5% and Pellets 65%, 63% Malaysia - Fines 58/57%, 56/55%, 5/50% and Lumps 57/56% Phillippines - Fines 58/57%, 51/50% Indonesia - Fines 56/55%, 51/50% South - Fines 65/64.5%, Lumps 65/64% and Concentrate 64.5%, 60% Africa Chile - Fines 63.5%, Concentrate 67%

Venezuela - Fines 64%, Lumps 64% Mexico - Fines 63.5%, 58% and Lumps 63% Domestic Prices EX Mine / EXW Country - Item - Brazilian Fines 64.5%, CIS Concentrate 63%, CIS Pallets 62%, Pellets China 62% Hebei & Anhui Indian Fines - 60% Jharkhand, 62% Jagdalpur, 63% Odisha & karnataka, 64% Kirandol Indian CLO - Jharkhand, Chhattisgarh, MP, Odisha, Karnataka Indian - 63%, Jharsugudha, Barbil, Keonjhar, Bellary, Mangalore, Jharkhand, Pallets Chhattisgarh Indices & SWAPS TSI, Platts and SGX Price Coverage for Influencers & Indicators 1. Scrap CFR India, China, Turkey 2. Sponge Iron EXW Raipur 3. Billet FOB CIS and Turkey 4. Slab FOB CIS and Brazil 5. Rebar FOB China, EXW Shanghai, Futures SHFE 6. HRC FOB China, EXW Shanghai

Data will be provided on weekly basis through excel sheet