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Metals & Mining Theme, Ferrous
September 19, 2024
Platts, part of S&P Global Commodity Insights, has corrected the Newman Blend Lump trade heard in its Metals Asia Iron Ore Daily Trade Summary published on Sept. 18.
The corrected line should read as follows: "Platts Iron Ore: 62.20% Fe Australian Newman Blend Lump trade reported done at PMB62% +$0.1118/dmtu CFR Qingdao 1-31 Oct Avg pricing on 18 Sept, by bilateral negotiation, sold by BHP, loading 16-25 Oct from Port Hedland to Qingdao, 80kt, priced minus C5 on FOB basis, traded at 4:10 PM Singapore time."