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Metals & Mining Theme, Ferrous
November 07, 2023
Platts, part of S&P Global Commodity Insights, corrected the trade information for Pilbara Blend Fines in its Metals Asia Daily Iron Ore IODEX commentary published on Nov. 3.
The line should read as follows: "Rio Tinto sold a 170,000 mt cargo of Pilbara Blend Fines at a premium of $4.20/dmt over the average of December IODEX CFR Qingdao with a loadport laycan Dec. 6-15 after 5:30 pm Singapore time. The cargo which may arrive in the second half of December falls within the Platts two to eight weeks window."