New IO fines 58% codes introduced

Commodity: Metals Region: Asia

The following codes were created in dispatch category FA.

They represent daily assessment and monthly average for iron ore fines with 58% Fe content CFR North China.

These daily assessments will appear on Platts Metals Alert page 1105, in Steel Markets Daily, and in Dispatch category FA.

Monthly averages will appear in Dispatch. Launch date is scheduled for October 1, 2009.

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION FA IODFE00 hlc 2 DW USD DMt IO fines Fe 58% $/DMt FA IODFE03 c 3 DW USD DMt IO fines Fe 58% $/DMt MAvg