SUBSCRIBER NOTE: Platts proposes to publish DR Iron Ore Pellet Premium

Platts is seeking industry feedback on its proposal to publish, starting July 1, 2015, a monthly assessment for Direct Reduction Iron Ore Pellet Premiums (DR Pellet Premiums).

The DR pellet premium assessment would complement the existing Atlantic Basin Blast Furnace Iron Ore Pellets Estimated Monthly Contract Price and reflect premiums paid under contract volumes for DR pellet globally.

The assessment would reflect the premium paid for a high quality 67.5% Fe DR grade pellet, net of any further quality adjustments over a 65% Fe basis.

The premium would be published on a dollar/dry metric ton basis.

The DR pellet specification will reference 67.5% Fe, 1.5% Silica, 300 CCS, and sizing over 9 mm 94%.

The proposed assessment is planned for publication in Platts SBB Steel Markets Daily, on Platts Metals Alert and in the Platts SBB Steel Price Analyzer.

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.

Platts invites industry feedback and questions on the above by May 22, 2015, to be addressed to hector.forster@platts.com, and pricegroup@platts.com.