For years the Iron Ore market has been priced on an annual basis resulting in huge annual price swings. Due to price volatility, increasing numbers of Steel and Iron Ore enterprises are now favoring quarterly prices linked to the physical spot market.

The worlds leading mining companies, steel makers, freight companies, traders, brokers and banks are increasingly turning to the Platts Iron Ore spot market assessment (IODEX) for reliable and transparent pricing. Here’s why:

• Price coverage you can trust -- the world’s longest published transparent daily iron ore Fe 62% North China price assessment
• Real insight behind price moves -- pro-active reporting and in-depth commentary on prices go beyond the headlines
• Platts data is reliable -- over 100 years of robust spot price reporting and a strict compliance procedure, means you can make decisions with confidence