Metals & Mining Theme, Ferrous

December 06, 2024

Platts corrects Dec 5 Platts CFR North China Iron Ore 65% Fe Assessment Rationale

Platts, part of S&P Global Commodity Insights, has corrected the CFR North China Iron Ore 65% Fe Assessment Rationale on Dec. 5.

The corrected line should read as follows: "As of 5:30 pm Singapore time, Vale was offering a 170,000-mt cargo of Carajas fines with 65.11% Fe, 1.25% alumina and 2.33% silica at $119.30/dmt CFR Qingdao basis 65% Fe on globalORE, with a final loading laycan of Nov. 27 from the Port of Ponta Da Madeira to Qingdao."