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The consultation, which is open until February 26, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for the iron ore grades they cover, while complying with the principles of the International Organization of Securities Commissions (Iosco) – including all elements of our pricing process, our price specifications and publication frequencies.
The prices subject to this annual review are as follows:
To provide feedback on the annual review of the above-listed prices, please contact pricing@fastmarkets.com. Please add the subject heading ‘FAO: Peter Hannah, re: iron ore methodologies.’
Please specify if your response is confidential. Opinions offered in confidential responses may be referenced, but will not be attributed in any way.
Fastmarkets will publish the outcome of this annual review by March 8, including a summary of the feedback unless marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is for the industry.
To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology.