RE:RE:RE:RE:RE:RE:RE:RE:RE:Iron Ore Price @wally
unfortunately it won't be pellets
after checking with bki:
Black Iron’s 68% iron product is a fine 32 micron powder that will be sold to customers who own pellet plants. If it were pellets, it would of course be insane
65% currently at 228USD
68% possibly 240 USD
+ pellet +20- 30 USD = 270 USD
For Ferrexpo this is the case at the moment.
Realistically, we have to assume that in 2-2.5 years the price will be lower again.
But no panic, the marketcap is to low with 169 million USD
Black Iron’s 68% iron product is a fine 32 micron powder that will be sold to customers who own pellet plants.