01 Mar 2023 | 04:36 UTC

Platts corrects Feb 28 Metals Asia Daily Iron Ore IODEX Rationale

Platts, part of S&P Global Commodity Insights, has corrected the 62% Fe Asia Daily Iron Ore IODEX rationale published Feb. 28. The 62% Fe Iron Ore Index remained unchanged.

The corrected lines should read as follows: "Earlier in the day at 3.53 pm Singapore time, Rio Tinto sold another 170,000 mt cargo of PBF at a premium of $0.4/dmt over April average of Platts IODEX CFR China on 62% Fe basis, on COREX, with loading laycan March 3 to April 8, from Dampier to Qingdao."

The daily IODEX rationale is published on pages PMA1109 and STL1109.

For questions or comments, please email IODEX@spglobal.com or pricegroup@spglobal.com.