New TSI Iron Ore Document BE Development Instructions – ITTI
Dec 24, 2015
New TSI Iron Ore Document
BE Development Instructions – ITTI
ImportantThe ‘items’ numbered in this document
correspond with the charts and tables as numbered on the attached design of the new document.
Please note, this development is to create a new document option – meaning a ‘New Media Type’ (under Media Settings) in addition to the existing Iron Ore Daily as listed in the TSI BE under Media Settings. DO NOT OVER WRITE THE EXISTING IRON ORE DAILY DOCUMENT. We still need it! Please create a new document / new media type entitled Iron Ore Premium.
PAGE 1
Item 1 – The Steel Index Iron Ore Reference PricesPresent on the pre-existing document.Data recorded in the database.Data entered in BE as follows:
Data EntryIron Ore Index Data Entry
Item 2 – Iron Ore Reference Prices
Present on the pre-existing document.Data recorded in the database.Data entered in BE as follows:
Data EntryIron Ore Index Data Entry
Item 3 – Today’s Iron Ore Market
Item under developmentSee Todo DEV entry entitled text entry for
daily iron ore report
Item 4 – SBB Top Iron Ore News StoriesWeb development neededDevelopment request to be logged in Todo
DEV
Item 5 – Indicative Freight Rates to ChinaPresent on the pre-existing document.Data recorded in the database.Data entered in BE as follows:
Data EntryFreight rates
Item 6 – TSI 62% Fe average price
Data recorded in the database.Data entered in BE as follows:
Data EntryIron Ore Index Data Entry
Monthly averages: mean average of all published 62% Fe prices in the calendar month
Quarterly averages: mean average of all published 62% Fe prices in the calendar quarter. Q1 is Jan-Mar, etc.
Item 7 – TSI 62% FOB net back
Data recorded in database. Implied FOB calculated as follows:62% Fe (Data Entry / Iron Ore Index Data Entry)Less the respective freight rates (Data Entry / Freight rates)
Brazil: Brazil – China (ore) Australia: W. Australia – China (ore) India: India – China ore (average)
Current day’s 62 price less latest freight entry (previous day) Implied CFR Europe calculated as follows:
Implied FOB (as arrived at as above) plus freight rate. Implied FOB Brazil plus latest Brazil – Europe (ore) Cells that relate to Australia and India under Implied CFR Europe to be left
blank
Implied CFR Europe QTD The quarter to date average of the derived (as above) Implied CFR Europe price The mean average of the prices published in the calendar quarter
Item 8 – Iron Ore Stock at Chinese Ports Data recorded in database.Data entered in BE as follows:
Data Entry China Stock Levels Total (historic)
Item 9 – Iron Ore Stock
Data recorded in database.Data entered in BE as follows:
Data Entry China Stock Levels Qingdao / Tianjin / Caofeidian / Rizhao (data point
for current week treated as This Week. Data point for previous week treated as Last Week.
PAGE 2
Item 10 – Average Waiting Time for Berth Data recorded in the database.Data entered in the BE as follows:
Data Entry China Port Vessel Wait All vessel classes (historic) Capesize (historic)
Item 11 – Average Waiting Time for BerthData recorded in the database.Data entered in the BE as follows:
Data Entry China Port Vessel Wait Qingdao / Tianjin / Caofeidian / Rizhao (data point
for current week treated as This Week. Data point for previous week treated as Last Week.
Item 12 – Average Load Time – AustraliaData recorded in the database.Data entered in the BE as follows:
Data Entry Average Load Time – Australia Australia iron ore (historic) Australia coal (historic) Australia combined (historic)
Item 13 – Chinese Export HRC PriceData recorded in the database.Data entered in the BE as follows:
Data Entry Iron Ore Index Data Entry (62% Fe) Steel Index Data Entry (Flat product HRC – Chinese
exports to Asia / Flat product HRC – Chinese exports to Europe or North America
Item 14 - TSI 62% Fe Fines Spot / Swap CurveData recorded in database.Data entered in BE as follows:
Data Entry / Iron Ore Index Data Entry (62% Fe) Take historic of the IO 62% Fe
Forward Curve Data Use the latest day for which there are completed
fields (day prior)
Item 15 – Steel Futures
Web development neededDevelopment request to be logged in Todo
DEV
Item 16 – Freight forward prices
Item under developmentSee Todo DEV entry entitled data entry for
freight forward prices
PAGE 3
Item 17 – Normalisation Co-efficientsData recorded in database.Data entered in BE as follows:
Data Entry Iron Ore Normalisation Data 62% Fe Fines Coefficient 58% Fe Fines Coefficient
Item 18 / 19 / 20 – Contact The Steel IndexWeb development neededDevelopment request to be logged in Todo
DEV
Item 21 – Data sources
Web development neededDevelopment request to be logged in Todo
DEV
END