We have searched the X-ray spectrum of GRB 970508's afterglow for
an iron line, located at the system's redhift (z = 0.835,
Bloom et al. 1998);
we found such a
line with limited statistical significance () in the early part
(first ) of the afterglow; the line decreases in the later part
of the observations ( day after the burst) by at least a factor 2,
enough to make it undetectable with current apparatus (Fig. 1).
Simultaneously with the line disappearance, the X-ray flux both
rises and hardens (, while before
the reburst), consistent with the appearance of a new shock. Then,
at the
end of the outburst, the spectrum steepens.