Snapshot for China import Iron Ore Fines 62% Fe spot (CFR Tianjin port) USD/metric tonne (TSIPIO62)

Rate Profile Information for TSIPIO62

This price index is compiled by The Steel Index Ltd (TSI). It is the volume-weighted average of actual transaction price data submitted confidentially online to TSI by companies operating within the relevant supply chain, including buyers and sellers, based on their latest sales and/or purchases within this product category. The price data submitted is processed, if necessary normalized/adjusted to the reference product specification, and then any outliers excluded before the volume-weighted average reference price is calculated and published as the index. For further information on the specification of the reference product for this index, or on the calculation methodology used, visit www.thesteelindex.com or email info@thesteelindex.com . Data frequency is daily or greater. This price index is compiled by The Steel Index Ltd (TSI). It is the volume-weighted average of actual transaction price data submitted confidentially online to TSI by companies operating within the relevant supply chain, including buyers and sellers, based on their latest sales and/or purchases within this product category. The price data submitted is processed, if necessary normalized/adjusted to the reference product specification, and then any outliers excluded before the volume-weighted average reference price is calculated and published as the index. For further information on the specification of the reference product for this index, or on the calculation methodology used, visit www.thesteelindex.com or email info@thesteelindex.com .