Mysteel, the leading independent price and data provider on the Chinese metals and mining industry, is pleased to announce that its daily Iron Ore Indices are now available to global commodity market participants on the Bloomberg Terminal.
For the first time, global industry practitioners will have access to six of Mysteel's premium iron ore datasets - the Mysteel 58%, 62% and 65% Portside and Seaborne Iron Ore Indices.
Earlier this year, BHP and Fortescue Metals Group (FMG) agreed to include Mysteel’s Seaborne and Portside Iron Ore Indices respectively in annual supply contracts with some Chinese steelmakers; marking a major change in the evolution of iron ore pricing.
“Mysteel’s team of 3,000 data gatherers work tirelessly to collect information and deliver the most robust portside and seaborne iron ore prices. Through our international team at Mysteel Global and our English-language website, we provide market transparency and unparalleled insight into both physical Chinese iron ore markets for the rest of the world,” said Atilla Widnell, General Manager of Mysteel Global.
He added: “We are delighted to extend our partnership with Bloomberg into a greater number of key industry indices, more so now that these benchmarks have started to gain traction with major physical iron ore market participants”.
Emilie Gallagher,Global Head of Commodities for Bloomberg said, “Our ongoing collaboration with Mysteel demonstrates Bloomberg's commitment to end users in the global commodity markets; and to enhancing market transparency by delivering the best commodity market data available."
The pricing information can be accessed by running MYST<GO> on the Bloomberg terminal.
Don't have a Bloomberg Terminal?
Register for a free trial on Mysteel Global's English-language website portal below to view our comprehensive domestic and seaborne iron ore benchmarks, as well as other news, insight, analysis and a plethora of market indicators.
