Current prices still very healthy.
The index that was recommended by a couple of posters and that worked last quarter is the Custeel Seaborne Index for 65% Fe fines and pellet premiums that is currently at $163.85 combined - this amount includes a pellet premium of $65 which has been very steady recently although it is down from a peak of $74 in Sept. The fines price has hardly changed and is currently near a high.
The other index is the Custeel 65% Brazilian Pellet(Foreign Quote) that is currently $153 down from a peak of $173.80 in Sept. I couldn't make the sums work last quarter with this index but am still tracking it.
When the boat comes in???, page-44
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