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    iron investing

    BHP Offers Lump Iron Ore to China

    Investing News Network
    Jan. 06, 2012 02:21PM PST
    Base Metals Investing

    Platts reported BHP Billiton (NYSE:BHP) has offered Chinese steelmakers an iron ore lump premium of $0.11-0.13/dry metic ton for the first quarter.

    Platts reported BHP Billiton (NYSE:BHP) has offered Chinese steelmakers an iron ore lump premium of $0.11-0.13/dry metic ton for the first quarter.

    As quoted in the market news:

    The offers for contractual customers differ within the range from mill to mill. BHP’s lump premium for the previous quarter was settled at around $0.13/dmtu.

    Click here to read the full Platts report.

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