Tag: FMG Sub-grade iron ore discount

Australia: FMG Lowers Low-Grade Iron Ore Discount Further for Aug’19

Jul 20, 2019

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by

Indranath Jha

in Fines/Lumps

Fortescue Metals Group – world’s 4th largest iron ore producer has reduced the sub-grade iron ore discount for SSF (super special fines) for Aug’19. SteelMint has learned from the market participants that FMG lowered its discount stable for SSF low-grade fines for the month of Aug’19 to 6% from 7% in Jul’19. As per the…