For a brief moment, the mining sector allowed itself to consider a bold idea: Rio Tinto and Glencore in merger discussions.

Learn about the robust iron ore methodology that ensures transparency and effective risk management for pricing mid-grade fines.

Following a two-week consultation period, which concluded on Thursday February 5, Fastmarkets has amended the publication time of the indices for MB-IRO-0011 iron ore 61% Fe fines, fot Qingdao, yuan/wet tonne, and MB-IRO-0022 iron ore 61% Fe fines, fot Qingdao, $/dmt conversion from daily at 6:30pm Singapore time to daily at 6:30pm Shanghai time, as well as to […]

The rationales for the two indices were not in the appropriate sections and a discard judgement was omitted.  The rationales have been corrected as follows: Pricing rationale for MB-IRO-0191 on 06 Feb 2026Fastmarkets’ index for iron ore 61% Fe fines, CFR Qingdao fell by $1.36 per tonne from the previous day. The price movement was based on […]

The proposed amendments will see the publication time of the two FOT Qingdao indices for MB-IRO-0011 iron ore 61% Fe fines, fot Qingdao, yuan/wet tonne, and MB-IRO-0022 iron ore 61% Fe fines, fot Qingdao, $/dmt conversion change from daily at 6:30pm Singapore time to daily at 6:30pm Shanghai time, as well as to be aligned with the Chinese pricing […]

Understand how changing demand and costs are reshaping the iron ore trade flows across global markets in 2026.

Understand how Rio Tinto's potential acquisition of Glencore could signal a shift in large-scale mining economics and strategy.

Discover how iron ore pricing trends are changing with the adoption of new indices and evolving market dynamics.

Fastmarkets’ pricing database has been updated. The following prices were published with a delay of 1 day: MB-IRO-0018, Iron ore 61% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0019, Iron ore 65% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0020, Iron ore fines, % Si VIU, cfr Qingdao, $/dmtMB-IRO-0021, Iron ore fines, % Al2O3 VIU, […]

Fastmarkets wishes to clarify how conditional bids and offers are used in its CFR China iron ore price assessments.