Platts corrects July 7 IODEX rationale

Platts, part of S&P Global Commodity Insights, has corrected the IODEX assessment rationale published on July 7, 2025.

The corrected line for the IODEX assessment rationale should read as follows: "Taking into account Fe content, impurity adjustments, timing and an additional brand spread of 68 cents/dmt, the trade normalized to $92.52/dmt, reflecting implied 61% IODEX specifications from January 2026."

The correction affects only the rationale, not the assessment.

The rationale appears on SBB Steel Market Daily, and fixed pages PMA1109 and STL1109.