Tag: Australia iron ore

Australian miner increases discount for low-grade iron ore fines

May 1, 2021

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by

Indranath Jha

in Fines/Lumps

A major Australian miner has increased the low-grade iron ore discount for May’21. SteelMint has learned from market participants that the miner has increased the discount of SSF low-grade fines (Fe 56.7%) from 10.5% in Apr’21 to 18% for May’21 deliveries. Increased preference of Chinese mills for high-grade ore has turned demand for low-grade ore…