Fastmarkets is inviting feedback from the industry on the pricing methodology for its iron ore indices, as part of its announced annual methodology review process

Prices for seaborne iron ore concentrate and pellet decreased in the week ended Friday February 18 amid a downtrend in the high-grade fines sector, though some mills have started replenishing their inventories on an as-needed basis, market sources said

Fastmarkets has corrected its daily yuan per wet tonne and $ per tonne indices for iron ore 62% Fe fines, fot Qingdao, which were published incorrectly on Monday February 21 due to input errors

A sudden downturn in rebar futures on the SHFE put pressure on spot prices on Wednesday February 9, after a slump in iron ore futures was sparked by news that the Chinese authorities plan to strictly supervise speculation about the iron ore market

Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview

Fastmarkets has corrected the pricing rational for MB-IRO-0144 Iron ore 62% Fe low-alumina fines, cfr Qingdao, which was published incorrectly on Thursday February 3 due to an input error

Five associations representing carbon-intensive industries in Europe have joined forces to demand changes to the scope of the European Union’s Carbon Border Adjustment Mechanism (CBAM). Signed on Wednesday, January 25, one of the five signatories to the joint statement, the European steel association Eurofer, released the statement to the public domain on January 27. The […]

After the Chinese Lunar New Year holiday, the seaborne iron ore market will be affected by the macro-economic environment, seasonally low supplies and ongoing or additional steel production cuts in northern China, sources told Fastmarkets this week. Positive monetary policy boost Market sentiment has been particularly sensitive, in the short term, to official Chinese government […]

Following a three-month consultation, Fastmarkets has amended the base specifications of its 62% Fe iron ore index to more closely reflect the chemical composition of mainstream mid-grade ore produced in Australia’s Pilbara region

We are on track to reach twenty-times the size of the physical pulp market now on the SHFE alone. Matt Graves, SVP, Fastmarkets