Platts updates May 5 iron ore lump rationale

Platts, part of S&P Global Commodity Insights, has updated the iron ore lump rationale of May 5 to include that the brand spread between Pilbara Blend Lump (PBL) and Newman Blend Lump (NBL) was assessed at 0.5 cent/dmtu.

Platts iron ore lump assessments are published on SBB Steel Markets Daily, PMA1163, STL1163, on Platts Market Center, on Platts Connect and in the Platts price database.

For comments and questions, please contact IODEX@spglobal.com and pricegroup@spglobal.com.