Glossary
The Kallanish Glossary aims to be a useful resource for complex industry specific terminology. We are
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Dry Metric Tonne Unit
Steel
This is the internationally accepted unit of measure for iron ore pricing. A dry metric tonne unit is 1% of iron (Fe) contained in a tonne of ore, excluding moisture. The price per tonne of a consignment of iron ore is calculated by multiplying the cents/dmtu price by the percent Fe content of the ore in that shipment. Iron ore contract prices are quoted in US$ cents.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous