Platts Spot price 62%Fe Down 60 Cents now $95.40/dmt US
Platts Spot price 62%Fe Down 95 Cents now $101.54/dmt AUD
"discounts for lower grade iron ores are here to stay, according to BHP Billiton marketing president Mike Henry, despite the protestations of smaller miners like Fortescue Metals Group and Atlas Iron."
Read more: http://www.smh.com.au/business/disc...-mike-henry-20140722-3cdmw.html#ixzz38EMztHhV
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