Fastmarkets launched daily 61% Fe fines indices based on Caofeidian on October 19.
The new northern-China assessments cover transactions at Caofeidian, Jingtang, Tianjin and Huanghua ports.
Existing Qingdao indices now focus on eastern ports, with normalization coefficients updated daily.
Separately, two 58% Fe high-grade premium indices will be discontinued from January 1, 2027.
Declining spot activity and the winding-down of Yandi production were cited as reasons for discontinuation.
