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.
And that demand has pushed the price of the 65% fe fines to a...
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Last
$4.20 |
Change
0.040(0.96%) |
Mkt cap ! $2.239B | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.31 | $4.14 | $15.79M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18900 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 9700 | 1 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| CIA (ASX) Chart |