FMG changes adjustment for February-delivery Fortescue Blend fines

Fortescue Metals Group (FMG) has changed the price adjustment for its 58.3% Fe Fortescue Blend fines to 33% for February shipments, Chinese mill and trading sources told Metal Bulletin on Monday January 29.

In December the adjustment was 29% and the new rate is all-time high for the company's flagship product. For its 56.7% Fe Super Special fines, the miner is keeping the February adjustment unchanged...

Published

July Zhang

January 29, 2018

12:40 GMT

Shanghai