SUBSCRIBER NOTE: Platts to publish China blast furnace iron ore pellet premium

Following industry feedback, Platts plans to publish from October 7, 2015, a weekly spot CFR China blast furnace (BF) iron ore pellet premium assessment. This assessment will be published on Wednesdays, or the nearest prior working day, in case of a public holiday in Singapore. The assessment will be published on a $/dry metric ton basis and is intended to reflect the premium over the basis Platts 62% Fe Iron Ore Index , or IODEX, fines value plus VIU adjustment, expressed in the most commonly traded blast furnace pellet grades and brands imported into China. The assessment will reflect the following underlying chemical and physical specifications: 65% iron, 0.35% alumina, 5% silica, 0.02% phosphorus, 0.003% sulfur, 250 Cold Crushing Strength (CCS), and a maximum sizing of 2.5% under 5mm. Platts will publish this value in the daily iron ore assessment table in SBB Steel Markets Daily on page 3 and on page MW1161 of PMA and to database the value, making it available in data products under the category SI. 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.