Business News: S&P Dow Jones Indices Launches Market’s First Index Series That Incorporates Iron Ore Contract

10Dec - by Editor - 0 - In STL.News



SINGAPORE – S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider, announced today the launch of the S&P GSCI® Iron Ore and the S&P GSCI Industrial Metals & Iron Ore Equal Weight, an expansion of the single and sector commodity series offering of indices based on the S&P GSCI.

The new indices, which are the first of their kind in the market, will provide investors with reliable and publicly available investment performance benchmarks for either iron ore-only or as part of a selection of other industrial metals including aluminum, copper, lead, nickel and zinc commodity markets. 

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