Platts corrects Nov. 10 China Weekly Iron Ore Pellet Commentary

S&P Global Platts has corrected the China Weekly Iron Ore Pellet Commentary published in the Nov. 10 edition of SBB Steel Markets Daily.

In the commentary, it was published that S&P Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index at $69.70/dry mt CFR North China Nov. 10, down $7.00/dmt from Nov. 3, after adjusting to a 65% Fe basis.

This should have read that S&P Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index at $66.20/dry mt CFR North China Nov. 10, down $10.50/dmt from Nov. 3, after adjusting to a 65% Fe basis.