Get started

Amendment to iron ore 65% Brazil-origin fines index format

Fastmarkets will calculate its index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne to two decimal places from October 2, instead of one decimal place, which is done currently.

September 29, 2023
By Alice Li
Pricing notice

This amendment is to align the index even closer with transaction prices in the spot market and will start from October 2, after a one-month market consultation.

The specifications of the MB-IRO-0009 index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao will not change.

The index is a part of the Steel Raw Materials Physical Prices package.

To provide any feedback, or if you would like to provide price information by becoming a data submitter to this price, please email pricing@fastmarkets.com. Please add the subject heading “FAO: Alice Li, re: Iron Ore 65% Fe Brazil-origin fines index.” 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 of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Delayed publication of bulk alloys Europe prices
The publication of Fastmarkets’ European bulk alloys prices for Friday January 16 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
January 16, 2026
 · 
By Fastmarkets pricing team
Delayed publication of manganese ore seaborne indices
The publication of Fastmarkets’ manganese ore seaborne indices for Friday January 16 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
January 16, 2026
 · 
By Fastmarkets pricing team
Correction to OCC import prices from Japan to Southeast Asia, Taiwan: pricing notice
Fastmarkets has corrected its prices of recovered paper, corrugated grades, old corrugated containers, imports from Japan, cif Southeast Asia, $ per tonne, which were published incorrectly on Friday January 16 owing to a typographical error.
January 16, 2026
 · 
By Fastmarkets pricing team
Correction to soyoil CFR India for November 18, 21, 25-28 and December 1
Fastmarkets has corrected its AG-SYB-0032 Soyoil CFR India $/mt price, which was published incorrectly for M2 and M3 on November 18, 21 and 25, for M1, M2, M3 and M4 on November 26, and for M1, M2 and M3 on November 27 and 28 and December 1 due to a procedural lapse. The corresponding actual prices were also published incorrectly as well.
January 15, 2026
 · 
By Fastmarkets pricing team
Open consultation on Fastmarkets’ metals recycling methodologies
This consultation, which is open until Friday February 13, seeks to ensure that our methodologies continue to reflect the physical metals recycling markets, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. View the […]
January 14, 2026
 · 
By Sean Barry
Open consultation on IOSCO-audited steel scrap price assessments, indices
The consultation, which is open until Friday February 13, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steel scrap, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications […]
January 14, 2026
 · 
By Sean Barry