Metals & Mining, Ferrous

May 04, 2026

New symbols for high-grade iron ore value-in-use differentials

The following high-grade iron ore value-in-use differentials symbols 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 Platts Metals Alert (legacy) PMA1105.

Publication: SBB Steel Markets Daily and S&P Global Energy Core.

They are scheduled to begin updating on May 4, 2026.

MDC Symbol Bates Dec Freq Curr UOM Description
SI IOALG00 c 2 DW USD DMT Iron Ore Silica Differential per 1% up to 4.5% (63.5-70% Fe Feed)
SI IOALG03 c 2 MA USD DMT Iron Ore Silica Differential per 1% up to 4.5% (63.5-70% Fe Feed) MAvg
SI IOALH00 c 2 DW USD DMT Iron Ore Silica Differential per 1% with 4.5%-8% (63.5-70% Fe Feed)
SI IOALH03 c 2 MA USD DMT Iron Ore Silica Differential per 1% with 4.5%-8% (63.5-70% Fe Feed) MAvg
SI IOALI00 c 2 DW USD DMT Iron Ore Alumina Differential per 1% up to 3.5% (63.5-70% Fe Feed)
SI IOALI03 c 2 MA USD DMT Iron Ore Alumina Differential per 1% up to 3.5% (63.5-70% Fe Feed) MAvg

Please follow the link below for further details:

https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/050426-platts-launches-daily-alumina-silica-value-in-use-differentials-for-high-grade-iron-ore

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