SUBSCRIBER NOTE: Platts to publish iron ore lump premium assessment rationale

As part of its continued commitment to market transparency, effective September 30, 2015, Platts will publish an assessment rationale for the weekly iron ore lump premium spot price assessment published every Wednesday.

This new rationale will be published alongside the existing rationale for the benchmark 62% Fe Iron Ore Index, or IODEX assessments.

Platts will also publish summaries of relevant bids, offers, trades and data that may have been excluded from these assessments on existing B/O/T/E pages.

This new rationale complements existing market analyses and commentaries by providing specific details regarding how Platts editors arrived at the published assessment.

The lump premium rationale will appear in key Platts metals publications, including SBB Steel Markets Daily and on a rationale page on Platts Metals Alert.

A complete table follows below showing where this new rationale can be found. Please send comments and feedback to iodex@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.

REGION PMA PAGES LAUNCH DATE ASSESSMENT SYMBOL

Asia 1162-1164 Sep 30, 2015 Weekly Iron Ore Lump Premium IOCLP00