Fastmarkets wishes to clarify that it will continue to include index-linked trades using the Singapore Exchange (SGX) iron ore derivative forward curves in iron ore indices, effective December 1 2025.

The publication of Fastmarkets’ MB-STE-0464 steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, price assessment for Tuesday November 25 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price was affected:MB-STE-0464 – Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan […]

Fastmarkets has discontinued its weekly price assessment for MB-FEN-0001 nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, on Friday November 21. After a consultation period that ended on November 18, Fastmarkets has discontinued its weekly price assessment for MB-FEN-0001 nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, due to the insufficient price inputs under […]

Fastmarkets has amended the base specification of its index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, to align with the specifications for high-grade sinter fines in the CFR Qingdao market.

The differential, dated October 31, is based on the simple mathematical average of the Fastmarkets’ high-grade iron ore silica value-in-use (MB-IRO-0192) as the sole input for the October 3-31 period inclusive, and is effective for use on and after November 3. The one-time differential is $(0.21) per tonne. It is intended to represent Fastmarkets’ reasonable assessment of the […]

Fastmarkets launches MB-IRO-0193 Iron ore 62% Australia-origin lump ore premium, cfr Qingdao, US cents/dry metric tonne unit (dmtu) on Tuesday October 21.

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

After an extended consultation, which closed on Friday September 27, Fastmarkets has amended the base Fe specification and changed the names of its iron ore 62% Fe fines, fot Qingdao indices, changing the names to “iron ore 61% Fe”. The new specifications would be as follows, with amendments in italics: MB-IRO-0011 Iron ore 61% Fe fines, fot […]

The price and laycan of a fixed-price Pilbara Blend fines transaction concluded on a public platform were erroneously recorded in the trade log in these indices’ rationale. The trade log entry has been corrected as follows:Rio Tinto, Beijing Iron Trading Center (COREX), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.70 per tonne, […]

Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]