Correction to Fastmarkets’ iron ore 62% Fe fines, fot Qingdao indices

Fastmarkets has corrected the price for its iron ore 62% Fe fines, fot Qingdao, yuan/wet tonne (MB-IRO-0011) and iron ore 62% Fe fines, fot Qingdao, $/tonne conversion (MB-IRO-0022) indices, which were published incorrectly on Thursday August 18 due to a technical error.

The final price for the MB-IRO-0011 index was incorrectly published as 766 yuan per tonne, but has now been corrected to 767 yuan per tonne.

And the final price for the MB-IRO-0022 index was corrected to $104.23 per tonne from $104.05 per tonne.

For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these indices, please contact Paul Lim by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Paul Lim Re: Iron ore daily fines.”

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Fastmarkets has deleted the assessments on May 22 of the aluminium primary foundry alloy silicon 7 ingot premiums, ddp Germany and ddp Eastern Europe, that were published in error due to a procedural lapse.
Fastmarkets has launched a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.
Fastmarkets will increase the frequency of the normalization coefficient used for its daily mid-grade iron ore indices from Tuesday June 2.
Fastmarkets invited feedback from the industry on the pricing methodology for North America Graphic Paper via an open consultation process between April 28 and May 27, 2026.
Fastmarkets invited feedback from the industry on the pricing methodology for North America Packaging Paper and Board via an open consultation process between April 24 and May 25, 2026.
Fastmarkets has decided to discontinue its Europe Northwest rapemeal, Ukraine Danube sunoil, corn handy and corn handy premium price assessments.