Platts clarifies Atlantic blast furnace, global DR contract iron ore pellet premiums

Platts, part of S&P Global Commodity Insights, clarifies Atlantic blast furnace and DR iron ore pellet premiums represent prevailing quarterly industry-settled contract settlements sold under term contracts to steel mills, between multiple pellet producers and buyers.

In the event of no confirmed settlements covering delivery or loading for the month the assessment is published, Platts considers provisional contract pricing and related market data.

The pellet premiums and all-in prices are published on the first business day of the month, following the London holiday calendar, published in $/dmt and reflect an additional charge over the quality-adjusted iron ore fines.

Premiums

Atlantic Iron Ore Blast Furnace pellet contract price premium IOBFP00

Iron Ore 67.5% Fe DR Pellet Premium (62% Fe basis) IODRP00

Iron Ore 67.5% Fe DR Pellet Premium (65% Fe basis) IODBP00

Please send comments and questions to IODEX@spglobal.com and pricegroup@spglobal.com.

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