Australian iron ore producer Fortescue Metals has widened the discount for its 56.5pc Fe SSF fines for December, as higher profit margins shift steel mills' appetite to higher grade ores.
News ID: 7554 Publish Date : 2019/11/25
Fortescue Metals Group - world's 4th largest iron ore producer has reduced the sub-grade iron ore discount for SSF (super special fines) for Aug’19. SteelMint has learned from the market participants that FMG lowered its discount stable for SSF low-grade fines for the month of Aug’19 to 6% from 7% in Jul’19.
News ID: 5473 Publish Date : 2019/07/25
Fortescue Metals Group - world's 4th largest iron ore producer has reduced the sub-grade iron ore discount for SSF (super special fines) for Jul’19. SteelMint has learned from the market participants that FMG lowered its discount stable for SSF low-grade fines for the month of Jul’19 to 7% from 11% in Jun’19.
News ID: 4956 Publish Date : 2019/07/01
Fortescue Metals Group - world's 4th largest iron ore producer has kept the sub-grade iron ore discount for SSF (super special fines) unchanged. SteelMint has learned from the market participants that FMG has kept the discount stable for SSF low-grade fines for the month of June’19 to 11% in line with May’19.
News ID: 4646 Publish Date : 2019/05/27
Fortescue Metals Group - world's 4th largest iron ore producer has reduced the sub-grade iron ore discount for SSF (super special fines).
News ID: 4401 Publish Date : 2019/05/02
Portside discounts for Fortescue Metals' 56.5pc Fe super-special fines ( SSF ) have dropped below 20pc to the Argus 62pc PCX portside index on 15 February, the narrowest in recent months, and may contract further as supply keeps high-grade prices under pressure.
News ID: 3666 Publish Date : 2019/02/18
Australian iron ore producer Fortescue Metals has further narrowed discounts on its major products for February delivery, as demand for low-grade ores continues to be strong in the Chinese market.
News ID: 3274 Publish Date : 2019/01/15
Discounts are narrowing for lower-priced 62pc mainstream iron ore fines imported to China as shrinking profit margins force steel mills to shift their focus to controlling costs.
News ID: 2627 Publish Date : 2018/11/16
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