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 at 40% for the fifth month...