Fastmarkets is clarifying the holiday pricing calendar for its price assessments for pig iron exports from Brazil and pig iron imports in the US.

Fastmarkets wishes to clarify that it will continue to include index-linked trades using the Singapore Exchange (SGX) iron ore derivative forward curves in iron ore indices, effective December 1 2025.

The publication of Fastmarkets’ MB-STE-0464 steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, price assessment for Tuesday November 25 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price was affected:MB-STE-0464 – Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan […]

Fastmarkets has discontinued its weekly price assessment for MB-FEN-0001 nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, on Friday November 21. After a consultation period that ended on November 18, Fastmarkets has discontinued its weekly price assessment for MB-FEN-0001 nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, due to the insufficient price inputs under […]

Fastmarkets has amended the base specification of its index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, to align with the specifications for high-grade sinter fines in the CFR Qingdao market.

The differential, dated October 31, is based on the simple mathematical average of the Fastmarkets’ high-grade iron ore silica value-in-use (MB-IRO-0192) as the sole input for the October 3-31 period inclusive, and is effective for use on and after November 3. The one-time differential is $(0.21) per tonne. It is intended to represent Fastmarkets’ reasonable assessment of the […]

Fastmarkets launches MB-IRO-0193 Iron ore 62% Australia-origin lump ore premium, cfr Qingdao, US cents/dry metric tonne unit (dmtu) on Tuesday October 21.

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

After an extended consultation, which closed on Friday September 27, Fastmarkets has amended the base Fe specification and changed the names of its iron ore 62% Fe fines, fot Qingdao indices, changing the names to “iron ore 61% Fe”. The new specifications would be as follows, with amendments in italics: MB-IRO-0011 Iron ore 61% Fe fines, fot […]

The price and laycan of a fixed-price Pilbara Blend fines transaction concluded on a public platform were erroneously recorded in the trade log in these indices’ rationale. The trade log entry has been corrected as follows:Rio Tinto, Beijing Iron Trading Center (COREX), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.70 per tonne, […]