Subscriber note: Platts to discontinue selected quarterly iron ore prices

Following industry feedback, Platts will discontinue, effective October 2, selected quarterly iron ore price series produced formerly by Steel Business Briefing and currently published in Steel Markets Daily, The Briefing, the Price Analyzer, and Platts Market Data. This move would advance the harmonization and integration of prices published by both entities, following the Platts acquisition of SBB on July 1, 2011. The proposal also considers recent major changes in the way the market prices fines, to one based mainly on spot price indexes;

The following series will be discontinued SB01096 CVRD/Vale Carajas Fines CJF 66% Fe Jap Brazil Exp FOB Ponta Da Madeira SB01097 CVRD/Vale Standard Sinter Feed 65% Fe Eur Brazil Exp FOB Tubarao SB01030 BHPB Mt Newman Hi-Grd 63% Fe Fines Jap Aus Exp FOB W Aus Port

Typically Platts gives six months' notice when discontinuing data, as these are quarterly the last time the prices will be updated will be October 1.

Please address questions and feedback to Henry Cooke(henry.cooke@platts.com) or Annalisa Jeffries(annalisa.jeffries@platts.com), copying in pricegroup@platts.com