Daily Iron Ore Prices 4 October 2018
View attachment 1328549
I am currently focused on the following Fe grades:
66% Fe Concentrate (MBIOI-CO) Specifications
Price:
US$100.64 tonne
Material Origin: All Origins
Fe Content: Base 66%, Range 63% to 70%
Silica: Base 4.5%, Maximum: 9.0%
Alumina: Base 0.5%, Maximum: 2.0%
Phosphorus: Base: 0.02%, Maximum: 0.06%
Sulphur: Base 0.03%, Maximum 0.10%
Titanium: Base 0.05%, Maximum 0.30%
Delivery Port: Base Qingdao, normalised for any Chinese mainland sea port
62% Fe Fines - Low Alumina (MBIOI-62-LA) Specifications
Price:
US$74.50 tonne
Material Origin: All Origins
Fe Content: Base 62.0%, Range 61.0% to 63.5%
Silica: Base 5.0%, Maximum 7.0%
Alumina: Base 1.5%, Maximum 1.9%
Phosphorus: Base 0.08%, Maximum 0.09%
Delivery Port: Base Qingdao, normalised for any Chinese mainland sea port
"Iron ore prices are surging, supported by growing speculation of further stimulus measures from Chinese policymakers and restocking demand from steel mills".
https://www.*.com.au/iron-ore-coal-price-china-stimulus-2018-10
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts. No tumbleweeds were harmed in the writing of this post.
HAV fanboy:
still drinking the Kool-Aid 
