Snapshot for Steel China Iron Ore Fines cfr main China port USD/dry metric tonne (MBFOFO01)

Rate Profile Information for MBFOFO01

In regards to Iron Ore fines-The price is based on dry metric tonne, and the ferrous content is based on 63.5% grade. The main china port refers to any of the main ports in China, eg Qingdao, Tianjin etc, rather than a specific port. This is partly why it is quoted as a range. Iron ore fines are less than 6 mm. Sized ore is 5mm to 20mm . And Lump ore size is 10mm to 40mm. For products such as rebar. Rebar is short for reinforcing bar, is a common steel bar, used as a tensioning device in reinforced concrete. In Australia-called reo.