Fastmarkets has corrected its daily iron ore 65% Fe Brazil-origin fines index, which was published incorrectly on Thursday December 31 due to a calculation error.
Fastmarkets' daily index for 65% Fe Brazil-origin fines, cfr Qingdao (MB-IRO-0009) should have been $173.70 per tonne, instead of $172.90 per tonne as it was 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 index, please contact Peter Hannah by email at:
pricing@fastmarkets.com. Please add the subject heading 'FAO: Peter Hannah re: iron ore index.'
To see all Fastmarkets' pricing methodology and specification documents, go to
www.metalbulletin.com/prices/pricing-methodology.