And that demand has pushed the price of the 65% fe fines to a series of new highs since February – the latest being Monday’s index price of $US205.90, according to the Metal Bulletin’s Fastmarkets website.
That was up just over 1% or $US2.80 a tonne and saw the margin over 62% Fe (the key blend from Australia) widen to more than $US31 a tonne, closest to the highest on record. 62% Fe fines ended at $US174.57 a tonne (The all time high for 62% Fe fines is $US1919.70 a tonne set in February, 2011), up $US1.03 a tonne.
https://www.*********.com.au/2021/04/13/oz-ore-exports-continue-to-lose-ground-to-brazil/
(Share-cafe)
Looking forward, Vale & CIA will outperform while the Pilbara producers won't.
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Last
$4.51 |
Change
0.020(0.45%) |
Mkt cap ! $2.404B | |||
| Open | High | Low | Value | Volume |
| $4.56 | $4.57 | $4.49 | $3.042M | 673.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11619 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 63 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| CIA (ASX) Chart |