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Platts clarifies volume of CFR China iron ore fines derivatives assessments

S&P Global Platts clarifies that the CFR China iron ore fines forward curve assessments reflect the values of derivative contracts with a minimum volume of 5,000 mt in line with the standard industry practice.

As part of its Market on Close assessment process, Platts considers market participants' firm expressions to trade iron ore fines derivatives, which are in line with this minimum volume.

The clarification refers to the TSI 62% Fe CFR North China assessments which are published on the fixed page 1113 of the real-time Platts Steel Alert, on page 21 of the Steel Markets Daily, in the Platts Market Center and in the Platts price database under the following codes:

TSI Iron Ore 62% Fe Derivative Current Month (Mo0)

TSIPM00

TSI Iron Ore 62% Fe Derivative Mo01

TSIPM01

TSI Iron Ore 62% Fe Derivative Mo02

TSIPM02

TSI Iron Ore 62% Fe Derivative Mo03

TSIPM03

TSI Iron Ore 62% Fe Derivative Qr01

TSIPQ01

TSI Iron Ore 62% Fe Derivative Qr02

TSIPQ02

TSI Iron Ore 62% Fe Derivative Qr03

TSIPQ03

TSI Iron Ore 62% Fe Derivative Yr01

TSIPY01

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