The price report is widely used among clients from Iran, India, Mongolia and Pakistan and some other countries for pricing reference and settlement.
Besides, it is also a reference of tax accounting for China's Customs.
CSI has been published by Custeel since the year of 2011 and widely used in physical and financial markets.
Now the index is widely applied in both physical and financial markets as the benchmark price for steelmakers and miners. Miners located in Australia, Iran, Mongolia and India take CSI as the pricing elements. Financial institute and trading platforms take CSI as benchmark for settlement or trading.
A daily coverage on the whole industrial chain is to help you learn about what happens in the market.
The data has been considered as a key indicator for trading reference and research.
China's iron ore production data was published jointly by Custeel and Metallurgical Mines' Association of China (MMAC) in the beginning of 2016, with sample mining companies more than 500. Survey is also conducted on 297 China's domestic iron ore mining companies to track the operating rate.
The report has attracted iron ore mining companies and research institutes' attention since published.
Since the elimination of intermediate frequency furnace production, the use of EAF in China has increased obviously.
The report will help you track the EAF development in China.