SMM, May 16, 2025:
Dear users,
Hello!
To better serve our customers and enhance the efficiency of the SMM database, we will be optimizing and adjusting certain iron ore data. This adjustment primarily concerns the iron ore spot price section, with details as follows:
1. Discontinued Data
1) Port spot prices (reference can be made to imported Iron ore spot prices in the future)
2) RMB prices of imported ore (reference can be made to imported Iron ore spot prices in the future)
3) USD prices of imported ore (reference can be made to USD prices of imported Iron ore in the future)
2. Newly Added Data
1) Spot prices of imported Iron ore (covering 103 price points for 14 varieties across 9 ports).
2) USD prices of imported Iron ore (covering 103 price points for 14 varieties across 9 ports).
3) SMM forward spot prices of imported iron ore.
The data adjustments will take effect on May 26, 2025.
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