Can someone who knows much more than me about the myriad of different types iron ore indices/spot prices please enlighten me on the current iron ore price for 65FE.
According to the last quarterly report, Karara sells it's Magnetite to Ansteel at the Platts IODEX 65% FE spot price for ocean freight to China.
On the Net, I can only find the current price for 62%, which has been hovering around the mid US$50's range...up around 30% this calendar year.
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