Get started

Correction to Fastmarkets’ 62% Fe fines, cfr Qingdao index

Fastmarkets has corrected its MB-IRO-0008 iron ore 62% Fe fines, cfr Qingdao index, which was published incorrectly on Wednesday January 25 due to a technical error.

January 27, 2023
By Paul Lim
Iron ore Pricing notice Steel raw materials

The index was initially calculated at $126.37 per tonne on Wednesday. This has been corrected to $126.31 per tonne.

Fastmarkets’ price book and database have been updated to reflect this change.

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, please contact Paul Lim by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Paul Lim, re: 62% Fe fines, cfr Qingdao.”

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

What to read next
Proposal to change Fastmarkets’ iron ore 65% Fe Brazil-origin fines index name, origin, specifications
Fastmarkets proposes to remove the origin restrictions, widen specification ranges and rename its index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, to better capture global supply in the seaborne high-grade sinter fines market on a CFR Qingdao basis, effective Tuesday September 1.
June 15, 2026
 · 
By Fastmarkets pricing team
Fastmarkets launches eight price assessments for tissue jumbo/parent rolls in North America
Fastmarkets has launched eight monthly price assessments for tissue jumbo/parent rolls in North America on Friday June 12, 2026.
June 12, 2026
 · 
By Fastmarkets pricing team
Fastmarkets clarifies tally specification for southern yellow pine #2 2×4 (eastside)
In response to growing market participation and increased use of its daily southern yellow (SYP) assessment, Fastmarkets is updating the published methodology to provide additional transparency regarding the tally formula used in the price calculation process.
June 12, 2026
 · 
By Fastmarkets pricing team
Delayed publication of European sustainable aviation fuel (SAF) cost of production assessments
The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $ per tonne AG-SAF-0005 Sustainable aviation fuel (HVO max), base cost, exw Netherlands, $ per tonne These prices are part of the Fastmarkets aviation and biofuels, fats and oils packages. For more information, or to provide feedback on the delayed publication of […]
June 12, 2026
 · 
By Fastmarkets pricing team
Final decision on open consultation on methodology review for Asia recovered paper, Asia packaging paper and board
Fastmarkets invited feedback from the industry on the pricing methodology for Asia recovered paper and Asia packaging paper and board via an open consultation process between May 5 and June 2, 2026.
June 11, 2026
 · 
By Fastmarkets pricing team
Final decision on open consultation on annual methodology review for PIX Forest Biomass Finland Indices
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Forest Biomass Finland price indices via an open consultation process between May 13 and June 10, 2026. This consultation was done as part of our published annual methodology review process.
June 11, 2026
 · 
By Fastmarkets pricing team