Via The West:
Mt Gibson Iron boss Jim Beyer says the wide price spread across ore with varying iron ore grades is here to stay.
Speaking after the miner released its March quarter report, Mr Beyer said while there would be “pinching and swelling” based on seasonal demand and short-term, city-specific policy changes in China, the market would not return to the days of a 5 per cent discount for 58 per cent ore versus the benchmark 62 per cent price.
