Anglo American sold a Minas Rio cargo based on the Fastmarkets MB 66% Fe iron ore concentrate index, market sources said on Monday January 14, following restart of operations at the mine last month.
The spot market trade involved a 170,000-tonne cargo of 67.7% Fe blast furnace pellet feed material sold at the February average of the Fastmarkets MB 66% Fe iron ore concentrate cfr China index, adjusted for Fe, plus a premium of $0.80 per tonne, market sources said. Anglo American announced restart of Minas Rio operations in Brazil last month following suspension...