Tag: FMG Sub-grade iron ore discount

Australia: Fortescue Metals Group Lowers Low-Grade Iron Ore Discount for Jul’19

Jun 24, 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 Jul’19. SteelMint has learned from the market participants that FMG lowered its discount stable for SSF low-grade fines for the month of Jul’19 to 7% from 11% in Jun’19. As per reports,…