BHP cuts July discount for iron ore fines

摘要

Singapore—Australian iron ore miner BHP has narrowed the July discount for Jimblebar fines to 4.5% to the 62% Fe index from 7% in June, while the discount for Yandi fines was lowered to 3.5% from 5.5% over the same period, contract customers said Tuesday. July term contracts for MAC fines will be settled at flat to the 62% Fe index, while the discount was 0.5% previously in June, the customer sources said.