03 Dec 2021 | 12:03 UTC

SUBSCRIBER NOTE: Platts corrects Iron Ore Fixed Price Assessments from November 24, 2021 to December 1, 2021

S&P Global Platts has corrected the daily fixed-price assessments and brand differentials to IODEX, of Newman High Grade Fines CFR Qingdao $/dmt with the symbol IONHA00 and IONHC00, of Jimblebar Fines CFR Qingdao $/dmt with the symbol IOJBA00 and IOJBC00 and of 57% Fe Yandi Fines CFR Qingdao with the symbol IOYFA00 and IOYFC00 from November 24, 2021 to December 1, 2021.

The correction addresses a system error. Platts has also corrected the monthly averages of these assessments, with the symbols IONHA03, IONHC03, IOJBA03, IOJBC03, IOYFA03 and IOYFC03.

The correct assessments can be found below.

Newman High Grade Fines CFR Qingdao

Fixed - IONHA00

Brand differentials - IONHC00

Prior to correction

Corrected

Prior to correction

Corrected

24-Nov

103.3

103.15

-0.15

-0.3

25-Nov

99.9

99.75

-0.2

-0.35

26-Nov

96.45

96.3

-0.2

-0.35

29-Nov

99.75

99.6

-0.2

-0.35

30-Nov

99.9

99.75

-0.2

-0.35

1-Dec

101.25

101.05

-0.15

-0.35

Jimblebar Fines CFR Qingdao

Fixed - IOJBA00

Brand differentials - IOJBC00

Prior to correction

Corrected

Prior to correction

Corrected

24-Nov

80.45

81.8

-23

-21.65

25-Nov

77.2

78.5

-22.9

-21.6

26-Nov

73.9

75.15

-22.75

-21.5

29-Nov

77.05

78.35

-22.9

-21.6

30-Nov

77.8

79.1

-22.3

-21

1-Dec

79.05

80.35

-22.35

-21.05

57% Fe Yandi Fines CFR Qingdao

Fixed - IOYFA00

Brand differentials - IOYFC00

Prior to correction

Corrected

Prior to correction

Corrected

24-Nov

74.6

74.4

-28.85

-29.05

25-Nov

71.85

71.7

-28.25

-28.4

26-Nov

67.85

67.7

-28.8

-28.95

29-Nov

73.9

73.7

-26.05

-26.25

30-Nov

73.25

73.1

-26.85

-27

1-Dec

74.8

74.65

-26.6

-26.75

The assessments appear in SBB Steel Markets Daily and Platts Metals Alert on page 0140.

Please send questions or comments to iodex@spglobal.com or pricegroup@spglobal.com.