Metals & Mining Theme, Ferrous

December 30, 2024

Platts corrects Dec 26, 27 IODEX assessment rationales

Platts, part of S&P Global Commodity Insights, has corrected the IODEX assessment rationales published on Dec. 26 and Dec. 27.

The corrected line for the IODEX assessment rationale published Dec. 26 should read as follows: "Platts used an average contango structure of 15 cents/dmt across the Platts two- to eight-week assessment window."

The corrected line for the IODEX assessment rationale published Dec. 27 should read as follows: "Platts used an average contango structure of 35 cents/dmt across the Platts two- to eight-week assessment window."

The rationales appear in SBB Steel Market Daily, as well as fixed pages STL1109 and PMA1109.