24 Feb 2020 | 20:02 UTC — New York

New iron ore netback and DR pellet symbols

The following iron ore netback and DR pellet symbols have been created in Market Data category SI (Metals: Iron Ore).

They will also appear on Platts Metals Alert page PMA 1160 and publication Steel Markets Daily. They are scheduled to begin updating April 1, 2020.

MDC Symbol Bates Dec Freq Curr UOM Description

SI IODBR00 c 2 MA USD DMT Iron Ore DR 67.5% Fe Pellet FOB Brazil $/DMT Mthly

SI IODBU00 c 2 MA USC DMU Iron Ore DR 67.5% Fe Pellet FOB Brazil cts/dmtu Mthly

SI IODBP00 c 2 MA USD DMT Iron Ore DR 67.5% Fe Pellet Premium FOB Brazil $/DMT Mthly

SI IOFBN00 c 2 DW USD DMT Iron Ore Fines 65% Fe FOB Brazil Netback $/DMT

SI IOFBN03 c 2 MA USD DMT Iron Ore Fines 65% Fe FOB Brazil Netback $/DMT MAvg

If you have any comments or questions about this announcement, please contact S&P Global Platts Client Services or email support@platts.com.