Ann: Response to ASX Query Letter, page-3

  1. 2,207 Posts.
    lightbulb Created with Sketch. 500
    GEN FOB US$60/t

    Capesize to China currently US$27/t (Brazil to Qingdao)

    So US$87/t CFR deliver China.

    64% fe product will receive a premium but it's high cost, so don't want IO slipping too far below current US$100/t 62% fe.
 
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