Fastmarkets changes frequency of normalization coefficient for daily iron ore indices: pricing notice
Under the change, Fastmarkets will update the normalization coefficient for its Iron ore 61% Fe fines, cfr Qingdao and Iron ore 62% Fe fines, cfr Qingdao indices on a daily basis, from Tuesday. This allows the coefficient to better reflect daily price movements. The normalization coefficient was previously updated on a monthly basis. The decision […]
Under the change, Fastmarkets will update the normalization coefficient for its Iron ore 61% Fe fines, cfr Qingdao and Iron ore 62% Fe fines, cfr Qingdao indices on a daily basis, from Tuesday. This allows the coefficient to better reflect daily price movements. The normalization coefficient was previously updated on a monthly basis. The decision […]
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