Tag: FMG Sub-grade iron ore discount

Fortesque Metals Group (FMG) Lowers Low Grade Iron Ore Discount for May

Apr 19, 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). SteelMint has learned from the market participants that FMG has further decreased iron ore discount of SSF low-grade fines for the month of May’19 to 11% from 13% in Apr’19. Data maintained by…