Tianjin Pengzhan Steel Pipes Co. Ltd.
Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.
Tianjin Pengzhan Steel Pipes Co. Ltd.
Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.

Tianjin Pengzhan Steel Pipes Co. Ltd.
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China iron ore price index, the official public release

(Summary description)

China iron ore price index, the official public release

(Summary description)

Information
Chinese yesterday from the iron and steel industry association was informed by the China Steel Association joint China CCCMC, Chinese metallurgical mines'association developed and launched the "Chinese iron ore price index, 10 officially released to the public the first week of October 2011 China iron ore price index, which is the index for the first time to the public release.
It is understood that China's iron ore price index by the domestic iron ore price index and imported iron ore price index, the composition of the two sub indices, both in April 1994 price as the base. Prior to this index has been in the industry in August from the test run, in the trial operation stage, the data acquisition system to run normally, the index system in a timely manner, data validation in line with market trends. From October 2011 onwards, the index released by the week, while at the end of each month will be the last month of China's iron ore price index change trend analysis and release.
According to data released, the first week of October, imports of iron ore price index was 652.41 points, down 0.13 points, a decline of 0.02%, imports of iron ore, the average CIF price of $176.22 / ton, down $0.03 per ton, fold RMB tax price of 1310.21 yuan / ton, down 0.26 yuan per ton than the ring.
As the National Day holiday, domestic iron ore is not a big deal, the last week of September, domestic iron ore price index for 455.81 points, the average price of 1172.87 yuan / ton, CIOPI Chinese iron ore last week of September the price index for 580.73 points.

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