PRICING NOTICE: Discontinuation of daily 63.5% Fe iron ore assessment

Metal Bulletin and Steel First have decided to discontinue the daily China import iron ore fines (63.5%) assessment.

March 8, 2014

By Generic people page

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Following a market consultation, Metal Bulletin and Steel First will discontinue the daily China import iron ore fines (63.5%) assessment at the end of March 2014.

The aim is to consolidate iron ore pricing under our leading index methodology.

Metal Bulletin has been tracking the Chinese iron ore spot market since it’s creation in 2004.

Today, Metal Bulletin provides ten individual iron ore indices, each representing different parts of the iron ore market:

62% Fe Fines
58% Fe Fines
58% Fe High Specification Premium
65% Fe Brazilian Premium
63% Australian Lump Premium
65% Fe Blast Furnace Pellet
66% Fe Concentrate
62% China Port Stock Index
Value-in-Use Index for Iron content
Value-in-Use Index for Silica content

The last daily assessment for 63.5% Fe iron ore fines will be published on Monday March 31.

Send comments and queries to Raw Materials Editor Michelle Madsen at mmadsen@steelfirst.com.

What to read next

Decision to discontinue lithium contract price assessments

Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.

April 24, 2024

·

By Justin Yang

Discontinuation of Log Lines prices for Region 4 logs – Implementation

After a consultation period that began on February 19, 2024, and ended on March 21 2024, Fastmarkets has discontinued Region 4 log prices. The last assessment published March 2024. To provide feedback on this or if you would like to provide price information by becoming a data submitter to Log Lines, please contact William Perritt […]

April 23, 2024

·

By William Perritt

Proposal to amend specifications, names of 37% manganese ore indices: pricing notice

Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.

April 23, 2024

·

By Tina Tong

Delayed publication of lithium, iron ore, Chinese ferrous prices

The publication of Fastmarkets’ lithium, iron ore and Chinese ferrous prices for Monday April 22 were delayed because of technical issues.

April 22, 2024

·

By Justin Yang

Correction to the pricing rationale for the aluminium 6063 extrusion billet premium, ddp North Germany

Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.

April 19, 2024

·

By James McKeigue

Proposal to amend export steel assessments, billet index from Black Sea

Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.

April 18, 2024

·

By Marina Shulga