Tag: FMG low grade discount

Australia: FMG Widens Discount on Low Grade Iron Ore Fines for Sep’19

Aug 20, 2019

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by

Monika Bajaj

in Fines/Lumps

Fortescue Metals Group – world’s 4th largest iron ore producer has increased the sub-grade iron ore discount for SSF (super special fines) for Sep’19. SteelMint has learned from the market participants that FMG increased its discount for SSF low-grade fines for the month of Sep’19 to 11% from 6% in Aug’19. Why has discount on…