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COMMODITYSCOPE | DAILY MARKET BRIEF

Steel · Indicative Assessment

Daily CFR China 63% Fe spot premium assessment Price Today

The assessment represents the estimated prevailing market level for the defined basis and is not an executable quotation.

Latest Daily CFR China 63% Fe spot premium assessment Price

CommodityScope Assessment
16.60 USD/dmt
Change
0.00(0.0%)
vs previous assessment (8 Oct 2026)
Assessment date
12 October 2026
CFR China 63% Fe spot premium assessment
Assessment Range
16.60 – 16.60 USD/dmt
Assessment confidence: medium

The assessment range is an uncertainty interval around the CommodityScope midpoint and does not represent a quoted bid/offer spread or daily trading high/low. Range methodology

Basis
CFR China 63% Fe spot premium assessment
Unit
USD/dmt
CS Series
CS-STL-DAILY-CFR-CHINA-63-FE-SPOT-PREMIUM-ASSESSMENT

Daily CFR China 63% Fe spot premium assessment Price Chart

USD/dmt · Calendar gaps are not interpolated.

Price Changes and Historical Range

Computed statistics are CommodityScope calculations from the series history.

vs last completed month
+0.08(+0.5%)
vs September 2026 average (17 obs.)
Available History Range
16.00 – 16.60
18 Aug 2026 – 12 Oct 2026, 31 obs.

Monthly Daily CFR China 63% Fe spot premium assessment Prices

Average, minimum and maximum of assessment midpoints in each calendar month. These are not the assessment range. Incomplete latest months are marked month to date.

MonthAverage midMin midMax midObservations
October 2026Month to date16.6016.6016.606
September 202616.5216.4516.6017
August 202616.2316.0016.408

Recent Assessments

Latest CommodityScope assessments for the defined market basis. Low and high are the CommodityScope assessment range around each midpoint, not a bid/offer spread. Dates without an available assessment are omitted.

DateLowHighMidΔ vs previous
2026-10-1216.6016.6016.600.00
2026-10-0816.6016.6016.600.00
2026-10-0716.6016.6016.600.00
2026-10-0616.6016.6016.600.00
2026-10-0216.6016.6016.600.00
2026-10-0116.6016.6016.600.00
2026-09-3016.6016.6016.600.00
2026-09-2916.6016.6016.600.00
2026-09-2816.6016.6016.600.00
2026-09-2516.6016.6016.600.00

What This CFR China 63% Fe spot premium assessment Price Represents

This page tracks the Daily CFR China 63% Fe spot premium assessment on a CFR China 63% Fe spot premium assessment basis, quoted in USD/dmt. Figures are CommodityScope indicative assessments for the defined series basis. They are not a live quote.

Compare With

Each comparison states why the series are related and whether the latest values can be subtracted directly (same unit, currency and assessment date). Where they cannot, the values are shown side by side without a difference. The reasons below follow the product family and basis of each series.

Different units (USD/dmt vs USD/dmtu); values are not directly subtractable without a unit conversion.

SeriesWhy compareLatestDifference (this − other)
61/62% Fe Transitional Basis Spread
61/62% Fe Transitional Basis Spread · USD/dmt
Same product family (Steel) on a different basis: CFR China 63% Fe spot premium assessment vs 61/62% Fe Transitional Basis Spread. The gap reflects location and delivery terms, not quality alone.2.50
12 Oct 2026
+14.10
Spot lump premium assessment
Spot lump premium assessment · USD/dmtu
Same product family (Steel) on a different basis: CFR China 63% Fe spot premium assessment vs Spot lump premium assessment. The gap reflects location and delivery terms, not quality alone.0.22
12 Oct 2026
not directly comparable
Lump premium
Lump premium · USD/dmtu
Same product family (Steel) on a different basis: CFR China 63% Fe spot premium assessment vs Lump premium. The gap reflects location and delivery terms, not quality alone.0.24
12 Oct 2026
not directly comparable
Lump outright
Lump outright · USD/dmt
Same product family (Steel) on a different basis: CFR China 63% Fe spot premium assessment vs Lump outright. The gap reflects location and delivery terms, not quality alone.107.00
12 Oct 2026
-90.40

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Dark

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CommodityScope Assessment Basis

This is the CommodityScope series definition for the published midpoint and assessment range. Characteristics that are not part of this basis are not inferred.

Product
Daily CFR China 63% Fe spot premium assessment
Product quality
Product as labelled by the series name and location basis. CommodityScope does not infer a fuller chemical or contractual specification.
Location basis
CFR China 63% Fe spot premium assessment
Parcel basis
Typical physical cargo as transacted on the stated location basis. CommodityScope does not fix a standard parcel tonnage.
Delivery / loading period
Not fixed in the published series basis.
Assessment window
CommodityScope assessment dated as of the published assessment date.
Currency / unit
USD/dmt
Normalization
Inputs used for the midpoint and the assessment range are considered only after they can be expressed on this series basis and unit. Cross-unit values are not converted on the public site and are not mixed into this series.

Terms not specified

  • The series basis does not specify a product specification beyond its name and basis; none is assumed here.

Specification · series name and basis only

The series basis does not specify a product specification beyond its name and basis; none is assumed.

Basis: CFR China 63% Fe spot premium assessment

  • CFR (cost and freight): the price includes freight to the named destination but not insurance; it is a delivered-basis value for the importing market.
  • China is a Pacific exporter of urea and ammonium sulphate; FOB China values refer to loadings at Chinese ports and are subject to Chinese export policy.

Unit: USD/dmt

  • The unit printed with the price is the unit of this series. European coil is in EUR per metric tonne. Seaborne finished steel is in USD per metric tonne. Seaborne iron ore is in USD per dry metric tonne. US mill coil and rebar are in USD per short ton. US domestic scrap is in USD per long ton. Chinese port iron-ore free-on-truck levels are in CNY per wet metric tonne, and Chinese domestic mill steel is in CNY per metric tonne. Indian domestic levels are in INR per metric tonne, Brazilian domestic scrap is in BRL per metric tonne, Mexican domestic scrap is in MXN per metric tonne, and Moscow levels are in RUB per metric tonne.
  • A series published in short tons stays in short tons. A series published in cents per pound stays in cents per pound. No unit is converted into another on the page.
How to use this series, and what it is not for

How to use this series

  • Track one series over time using the chart, monthly averages and the recent-assessment table.
  • Compare two series only when the unit, currency and delivery basis match.

What it is not suitable for

  • Treating a domestic mill assessment and an export assessment as one price.
  • Intraday trading: values are end-of-day assessments, not live quotes.

Product and market references

Assessment, assessment range and computed statistics: CommodityScope. The assessment range is an uncertainty interval around the midpoint, not a bid/offer spread. See the Steel Assessment Methodology v1.0 for assessment basis, calculation principles and data policy.