Jimblebar/Pilbara fines spread narrows to 6-month low

摘要

The spread between 61% Fe Jimblebar Blend iron ore fines and 61% Fe Pilbara Blend fines has narrowed to a six-month low of $6.05/dmt on Monday on the back of strong demand for discounted medium grade fines. "Many steel mills have increased usage of JMBF due to the big discount compared with mainstream Australian fines," an international trader said.