The following Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore assessments throughout the world. These are the timestamps used for Platts iron ore assessments. Data reported at or after these timestamps is not considered in the assessment process. Asia: Singapore Atlantic: London
Metals are extracted from their ore through chemical reaction. Iron ore is an oxide of iron. The oxygen is removed from the ore by heating carbon with the ore to create molten iron and Carbon Dioxide.