Iron ore indices launched

Freight Investor Services (FIS) has launched two new iron ore price estimates prompted by the buoyant 530m tonne seaborne trade. They will be known as Iron Ore 1 (C& F Rotterdam) and Iron Ore 2 (C& F China). Chinas booming economy has accounted for an explosive increase in the trade.

Freight Investor Services (FIS) has launched two new iron ore price estimates prompted by the buoyant 530m tonne seaborne trade. They will be known as Iron Ore 1 (C& F Rotterdam) and Iron Ore 2 (C& F China). Chinas booming economy has accounted for an explosive increase in the trade.