FMG discounts would be around a weighted average of around 9% taking into account the SSF and FB discounts below. Not bad considering the extent of the discount this time last year...(around 35%)
Also, Kings, WPF and lumps would tighten the discounts albeit slightly.
With steel margins under pressure for quite some time yet, discounts will likely be quite tight also.
Port prices of SSF especially have gone up about 8% in the last week according to nightly SMM IO updates.
Iron ore price, page-16263
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