This white paper examines how declining ore quality — particularly changes to key products like Pilbara Blend Fines — is driving the most significant shift in iron ore pricing in over 15 years.
While the 62% Fe benchmark remains a key reference in global trade, these developments are prompting the introduction of complementary tools, such as a 61% Fe index. Launched by Argus next month, this new assessment aims to better reflect current market conditions and align pricing mechanisms more closely with today’s physical realities.
Download the full paper to explore:
- How declining ore grades are widening differentials and complicating index-based pricing
- The impact of reduced availability and changing specifications of key products
- Why the 62% Fe benchmark specification is increasingly less reflective of the majority of traded products
- The role of new indexes, such as the 61% Fe assessment, in improving market alignment
Download the insight paper
Spotlight content
About Argus Media
As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered firsthand from the market.
