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Hi Noodly,The Iron Ore fines price you have quoted is for 62% FE...

  1. berocca11
    529 Posts.
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    17/01/20
    12:43
    Post #: 42433762
    Hi Noodly,

    The Iron Ore fines price you have quoted is for 62% FE content.

    Our iron concentrate should be higher than this ie 65% which sells at a premium.

    The Chinese steel mills are constantly chasing higher grade feed stock and are prepared to pay a premium for it as it allows lower emissions at their plant.

    The pricing for these higher grade products is not as transparent at the benchmark.
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    lightbulb Created with Sketch.  Great analysis
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