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Low-grade iron ore could remain on sale

All eyes in the iron ore industry will be on Fortescue Metals (AU:FMG) when it reports its half-year profit next Wednesday and comments on the discounting of low-grade ore. 

Low-grade iron ore could remain on sale Low-grade iron ore could remain on sale Low-grade iron ore could remain on sale Low-grade iron ore could remain on sale Low-grade iron ore could remain on sale

Mt Gibson has been affected by the recent iron ore price discounting

This comes after fellow Australian miner Mt Gibson Iron (AU:MGX) yesterday became the latest to say discounting could have become a permanent feature of the market.
 
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