Intel Details

Australia: BHP Billiton increases discounts for iron ore fines

Fines/Lumps
24 Nov 2021, 13:57 IST
Steel Mint Intel

  • BHP Billiton has increased discounts for iron ore fines for Dec'21
  • The discount for MAC fines rose from 8% in Nov to 12% in Dec, while for Jimblebar and Yandi fines discounts now stand at 24.5% and 29%, respectively.
  • Discounts have widened due to reduced demand in the winter heating season in China. Falling prices and steel margins inhibit growth in medium- and high-grades too.

24 Nov 2021, 13:57 IST
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