Metals & Mining Theme, Ferrous

August 21, 2023

Platts corrects Aug 18 Metals Asia Daily Iron Ore commentary

Platts, part of S&P Global Commodity Insights, has removed incorrect reference to a JMBF trade falling out of the Platts two- to eight-week assessment window.

The corrected paragraph should read as follows: "BHP sold an MACF cargo at $106.15/dmt CFR China basis 62% Fe with loadport laycan Sept. 21-30. BHP also sold a JMBF cargo via bilateral negotiation at a discount of $3.6/dmt over the September average of indexes with loadport laycan Sept. 13-22."