Tag: FMG low grade iron ore discount

Australia: FMG Increases Discount for Low-Grade Iron Ore Fines for Dec’19

Nov 25, 2019

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by

Indranath Jha

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 Dec’19. SteelMint has learned from the market participants that FMG discount for SSF low-grade fines for the month of Dec’19 to 15% from 12%. Monthly average global iron ore fines (Fe 62%) decreased…