08 Sep 2015 | 03:42 UTC — London

SUBSCRIBER NOTE: Platts to change 65% iron ore assessment moisture content

Following a period of market feedback, Platts has decided effective October 1, 2015, to change the specification for its 65% Fe iron ore assessment.

Platts plans to amend the moisture content to 8.5%, from 4% moisture currently. The decision reflects typical moisture of products currently referenced in the assessment.

The other product specification terms of 65% Fe, 3.5% silica, 1% alumina, 0.075% phosphorus will remain unchanged, as well as all other terms.

Any further questions or feedback should be addressed to iodex@platts.com and pricegroup@platts.com.

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.