Correction to rationale of Iron ore 61% and 62% Fe fines, CFR Qingdao indices: pricing notice

Fastmarkets11-05

Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Friday October...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCorrection to rationale of Iron ore 61% and 62% Fe fines, CFR Qingdao indices: pricing notice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-05 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fastmarkets.com/insights/correction-to-rationale-of-iron-ore-61-and-62-fe-fines-cfr-qingdao-indices-pricing-notice/><strong>Fastmarkets</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Friday October...</p>\n\n<a href=\"https://www.fastmarkets.com/insights/correction-to-rationale-of-iron-ore-61-and-62-fe-fines-cfr-qingdao-indices-pricing-notice/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2211815571.USD","symbol_name":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","start_time":0,"source_url":"https://www.fastmarkets.com/insights/correction-to-rationale-of-iron-ore-61-and-62-fe-fines-cfr-qingdao-indices-pricing-notice/","article_id":"2581727969","we_media_id":null,"thumbnails":[],"rights":{"source":"fastmarkets_highlight","url":"https://www.fastmarkets.com/insights/correction-to-rationale-of-iron-ore-61-and-62-fe-fines-cfr-qingdao-indices-pricing-notice/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2581727969","pubTimestamp":1762318800,"columns":[],"sourceInfo":{"source_id":"fastmarkets_highlight","name":"Fastmarkets"},"weMediaInfo":null,"summary":"Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Friday October 31. The price of a floated-price Pilbara Blend fines transaction heard through market survey were erroneously recorded in the trade log part of rationale […]","collect":0,"end_time":0,"defaultTopTitle":"fastmarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","CFR":"库伦佛寺银行","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","BK4211":"区域性银行"},"translate_title":"修正铁矿石61%和62%铁粉，CFR青岛指数的基本原理：定价通知","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFR":1.5,"FEFmain":1.5},"content_text":"Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Friday October 31.\nThe price of a floated-price Pilbara Blend fines transaction heard through market survey were erroneously recorded in the trade log part of rationale in the MB-IRO-0008 and MB-IRO-0191 indices.\nThe trade log entry has been corrected as follows:\nRio Tinto, 170,000 tonnes of 62% Fe Pilbara Blend fines, traded at the December average of a 62% index plus a premium of $0.10 per tonne, laycan December 6-15 (fixed-price equivalent calculated at $106.38 per tonne CFR China)\nBHP, bilateral trade, 110,000 tonnes of 61.2% Fe Newman Blend fines, traded at the December average of two 62% index with a discount of $1.50 per tonne, laycan December 1-10 (fixed-price equivalent calculated at $103.22 per tonne CFR China)\nBHP, bilateral trade, 80,000 tonnes of 61.2% Fe Newman Blend fines, traded at the December average of two 62% index with a discount of $1.50 per tonne, laycan December 6-15 (fixed-price equivalent calculated at $103.26 per tonne CFR China)\nBHP, bilateral trade, 80,000 tonnes of 60.5% Fe Mining Area C fines, traded at the December average of two 62% index with a discount of $1.18 per tonne, laycan December 6-15 (fixed-price equivalent calculated at $102.47 per tonne CFR China)\nThe published price is unaffected by this error.\nThis price is part of the Fastmarkets steelmaking raw materials package.\nFor 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 pricing@fastmarkets.com and steelrawmaterials@fastmarkets.com. Please add the subject heading “FAO Adele Pan, re: iron ore 61% and 62% Fe price.”\nPlease indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.\nTo see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2581727969","isCrawlerRequest":true}