BHP May Secure Lower-Than-Expected Iron-Ore Price Cut "Cash...

BHP May Secure Lower-Than-Expected Iron-Ore Price Cut


"Cash prices for iron ore delivered into China posted a “significant recovery” last month, rising 30 percent to about $75 a ton, Macquarie said. The discount of the spot price to the contract price has narrowed from as much as 40 percent to 20 percent, the report said."

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