It gets a bit confusing with the different prices floating around.
But the internationally recognized bench mark Price is the
Platts 62% Fe in dry metric tonnes. in US Dollars!
Tuesday "Steady" $136.50/dmt USD Aussie dollar up so price was really down!
Yesterday "Down 60cents" $135.90/dmt USD Aussie dollar down so price was up,
the market doesn't care about that!
Today "up 10cents" $136/dmt USD Aussie down then big bounce!
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- why ago is so down now?
It gets a bit confusing with the different prices floating...
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