Correction to iron ore 67.5% Fe pellet feed, iron ore 65% Fe concentrate indices on March 19: pricing notice

Fastmarkets has corrected its MB-IRO-0188 - Iron ore 67.5% Fe pellet feed cfr Qingdao and MB-IRO-0013 - Iron ore 65% Fe concentrate cfr Qingdao indices, which were published incorrectly on Wednesday March 19 due to a technical calculation error.

Fastmarkets’ MB-IRO-0188 – Iron ore 67.5% Fe pellet feed, cfr Qingdao, $/tonne was published in error as $5.78 per tonne on March 19. It has now been corrected to $119.28 per tonne.

And Fastmarkets’ MB-IRO-0013 – Iron ore 65% Fe concentrate, cfr Qingdao, $/tonne was published in error as $(4.80) per tonne. It has now been corrected to $108.7 per tonne.

Fastmarkets’ pricing database has been updated to reflect these changes.

These prices are a part of the Fastmarkets iron ore package.

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 indices, please contact Alice Li by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Alice Li re: Iron ore pellet feed and concentrates indices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

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