Metals & Mining Theme, Ferrous

January 02, 2026

New 61%-62% Fe transitional basis spread symbol

The following 61%-62% Fe transitional basis spread symbol has been created in the Market Data category SI (Metals: Iron Ore).

The symbols will be featured in the following:

Fixed Page: Platts Steel and Raw Materials Alert STL1105 and STL1150. Platts Metals Alert PMA1105 and PMA1150.

Publication: SBB Steel Markets Daily, Steel Raw Material Monthly and Platts Connect.

They are scheduled to begin updating on Jan. 2, 2026.

MDCSymbolBatesDecFreqCurrUOMDescription
SIFIOTB00c2DWUSDDMT61%-62% Fe Transitional Basis Spread $/dmt
SIFIOTB03c2MAUSDDMT61%-62% Fe Transitional Basis Spread $/dmt MAvg

Please follow the link below for further details

https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/010226-platts-updates-iodex-quality-specifications-to-reflect-61-fe-effective-jan-2-2026

If you have any comments or questions about this announcement, please contact S&P Global Energy Support team or email support.energy@spglobal.com