SUBSCRIBER NOTE: Platts to launch 55% Fe iron ore CFR North China assessment

Following a period of industry feedback, Platts will launch a new price assessment for spot 55% Fe iron ore CFR North China, effective March 14, 2015.

The assessment will be published in dollars per dry metric ton and will represent the increasing liquidity of circa 55% Fe fines being transacted into China on a spot basis.

Market feedback has supported the launch of a 55% Fe assessment after Indian producers resumed exports this year, and altered the quality and specifications of lower grade fines being produced.

Platts will publish this value in the daily iron ore assessment table in SBB Steel Markets Daily on page 3 and on page 1105 of Platts Metals Alert and will database the value, making it available in data products under the category SI.

Any further questions or comments should be sent to iodex@platts.com and pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.