Metals & Mining Theme, Ferrous

July 02, 2025

Platts corrects Iron Ore IODEX commentary of July 1

Platts, part of S&P Global Commodity Insights, has corrected the change in the MAC Fines additional brand spread assessment in the Iron Ore IODEX commentary of July 1.

The corrected line in the commentary should read as follows: "The trade level reflected a discount of $2.35/dmt to the August IODEX, reflecting a stronger differential compared to previous deals, as such Platts narrowed the additional brand spread for MACF to $1.35/dmt from $1.70/dmt day over day."

The correction affects only the commentary, not the assessment.

The commentary was published in SBB Steel Markets Daily and on STL_1500.