Correction to Fastmarkets’ iron ore 63% Fe lump premium index

Fastmarkets has corrected its MB-IRO-0010 Iron ore 63% Fe Australia-origin lump ore premium, cfr Qingdao index, which was published incorrectly on Wednesday February 1 due to a technical error.

February 1, 2023

By pricing@fastmarkets.com

Pricing notice Steel raw materials

The iron ore 63% Fe Australia-origin lump ore premium, cfr Qingdao index was initially calculated at 12.5 cents per dry metric tonne unit on Wednesday. This has been corrected to 13.5 cents per dry metric tonne unit.

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 to these prices, please contact Shaun Tan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Shaun Tan, re: 63% Fe Australia-origin lump ore”.

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

What to read next

Steel, Coil, Spiral

Beyond tariffs: Why trade attorney Lewis Leibowitz feels global overcapacity remains steel industry’s biggest hurdle

Learn about the challenges of steel overcapacity in the US as tariffs shift and affect producers and consumers alike.

January 29, 2026

·

By Margie Palmer

Coil, Spiral, Tape

Lewis Leibowitz on Section 232, investment-for-access deals and a WTO that can’t bite: interview

Explore the insights from Lewis Leibowitz on Section 232 tariffs and their potential legal implications for trade negotiations.

January 29, 2026

·

By Margie Palmer

Correction to rationale of aluminium 6063 extrusion billet premium, ddp Spain

Fastmarkets has corrected the rationale for its MB-AL-0299 aluminium 6063 extrusion billet premium, ddp Spain that was published incorrectly on Friday January 23.

January 29, 2026

·

By Fastmarkets pricing team

Proposal to amend the pricing schedule of its ilmenite and rutile assessments: pricing notice

Fastmarkets proposes to amend the pricing schedule of its MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, $/tonne; MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, $/tonne, and MB-RUT-0001 rutile 95% TiO2 min, large volumes for pigment, fob Australia, $/tonne, from fortnightly to monthly.

January 28, 2026

·

By Fastmarkets pricing team

Delayed publication of France Cartonboard October Averages

The publication of Fastmarkets’ France Cartonboard averages for October 2025 were delayed because of a procedural error. Fastmarkets’ pricing database has been updated.

January 27, 2026

·

By Fastmarkets pricing team

Amendment to frequency, timing and publication time of bauxite, CIF China price: pricing notice

Following a consultation period, which closed on January 14, Fastmarkets will increase the frequency of its MB-BX-0016 Bauxite, cif China, price assessment to a weekly basis, from a monthly basis. Fastmarkets will also extend the timing of the price to include cargoes for arrival within 90 days and move the publishing time to 7pm Shanghai time on Friday. […]

January 27, 2026

·

By Josie Zhang