Fastmarkets has corrected its daily iron ore 62% Fe Pilbara Blend Fines Differential and 62% Fe Pilbara Blend Fines Index, which were published incorrectly on Tuesday April 6 due to a calculation error.
Fastmarkets' daily index for 62% Fe Pilbara Blend Fines Differential (MB-IRO-0076) and 62% Fe Pilbara Blend Fines index (MB-IRO-0114) should have been $-1.16 per tonne and $169.74 per tonne respectively on Tuesday, instead of $-1.95 per tonne and $168.95 per tonne as had been previously published.
Fastmarkets' pricing database, MInD, has been updated to reflect this change.
For 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 this price, please contact Peter Hannah by email at:
pricing@fastmarkets.com. Please add the subject heading 'FAO: Peter Hannah re: iron ore ore.'
To see all Fastmarkets' pricing methodology and specification documents, go to
www.metalbulletin.com/prices/pricing-methodology.