PRICING NOTICE: Metal Bulletin 65% Fe pellet index to replace weekly assessment

Metal Bulletin proposes to replace its weekly China import iron ore pellet (65-66% Fe) assessment with the newly launched pellet index.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Following market consultation, Metal Bulletin announced the launch of a weekly index for 65% Fe content blast furnace pellet delivered to Qingdao on July 24, 2012.

As part of a wider review of its iron ore pricing portfolio, Metal Bulletin is proposing to use the index as a replacement for the weekly China import iron ore pellet (65-66% Fe) assessment.

The index specifications are as follows:

  • Price: US$ per dry metric tonne, cfr China
  • Fe content: Base 65%, Range 60% to 70%
  • Silica: Base 4.5%, Maximum 6.0%
  • Alumina: Base 0.4%, Maximum 0.8%
  • Phosphorus: Base 0.03%, Maximum 0.05%
  • Sulphur: Base 0.01%, Maximum 0.02%
  • Moisture: Base 2.0%, Maximum 3.0%
  • Compression strength: Base 250daN, Minimum 220daN
  • Trade size: Minimum 10,000 tonnes
  • Delivery port: Base Qingdao-Rizhao-Lianyungang, normalised for any Chinese mainland sea port
  • Delivery period: Within eight weeks
  • Payment terms: LC on sight
  • Publication: Friday at midday London time

Please provide comments by September 21, 2012, to Vera Blei, Steel Editor at

What to read next
Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
Fastmarkets is inviting feedback on a proposal change the publishing time for our silico-manganese, ferro-manganese and manganese ore port prices in China, to 5-6pm Shanghai time from 2-3pm London time.
The publication of Fastmarkets copper concentrates TC index, cif Asia Pacific was delayed on Friday March 26, due to a reporter error.
Fastmarkets FOEX invited feedback from the industry in an open consultation process between April 26 and May 24, 2023, on the pricing methodology for its PIX Packaging Europe price indices. The consultation was done as part of our annual methodology review process.
Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for Global Pulp, as part of its announced annual methodology review process.
After a month-long consultation period, Fastmarkets has refined the delivery terms for its international nickel sulfate price assessments, with Japan and Korea now the only accepted locations.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.