Tag: FMG low grade iron ore discount

Australia: FMG Further Increases Discount on Low Grade Iron Ore Fines for Oct’19

Sep 17, 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 Oct’19. SteelMint has learned from the market participants that FMG increased its discount for SSF low-grade fines for the month of Oct’19 to 12% from 11% in Sep’19. Why has discount on…