SUBSCRIBER NOTE: Platts discontinues 63.5/63%-Fe Iron Ore Assessment

Following market feedback, S&P Global Platts has discontinued publication of the daily 63.5/63%-Fe Iron Ore price assessment (IODSC00) from June 1, 2016.

The market typically prices spot cargoes, which are reflected in Platts 63.5/63%-Fe assessment, utilizing the benchmark 62% Fe Iron Ore Index as a base, so that the 63.5/63% Fe was no longer a discrete assessment, price or reference. As a result the assessment became an implied value derived from Platts IODEX 62%-Fe assessment.

All comments and questions may be addressed to iodex@spglobal.com and pricemethodology@spglobal.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.