nyc, I don't think so. GRR now uses the MBIOI-PT, so the current price is as stated. This IS a premium to the 62% fines price (currently $155), representing the higher grade (65-66%) pellets. However, pellet prices seem to lag the fines by a week or two, so with fines prices increasing again this week, the pellet price might get close to $180 soon (unless the skeptics are right about an IO correction).
iron ore fines at $159/tonne, page-4
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