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In the early days ofiron 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. SGX also launched alow-gradeiron orecontract settled against Metal Bulletin’s 58% Fe Premium Index in 2015 to complement its established mid-grade offering.

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Aug 27, 2020·Iron orehas been on a roll, gaining nearly 34% year to date.Pricesof the steelmaking commodity have surged above $125 per ton for the first time since February 2014.

May 21, 2020·Iron oreis Australia's biggest export to China, bringing in $63billion in 2019. The new rules, which come into effect on June 1, state that customs officers can …

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For example, the daily, weekly and monthly indices are listed because of the varied liquidity displayed by different parts of the market. Sinter fines and lumps make up the bulk of the seaborneiron oremarket, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.

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