Tag: FMG discount

Australia: FMG Widens Discount for Low Grade Iron Ore Fines for Jan’20

Dec 26, 2019

—

by

Monika Bajaj

in Fines/Lumps

Fortescue Metals Group – world’s 4th largest iron ore producer has increased sub-grade iron ore discount for SSF (super special fines) for Jan’20. SteelMint has learned from the market participants that FMG discount for SSF low-grade fines for the month of Jan’20 increased to 18% from 15% in Dec’19. The demand for high grade ore…