SHANGHAI, Nov.23 (SMM)－Fortescue Metals Group adjusts discounts in December. FB (fine blended) is adjusted to 29% from 25.5% in November. Discount of SSF (Super special fine) maintains 40%. King powder maintains 15%. Since fine blended inventory is sufficient at ports, steel plants are reluctant to purchase. Mines raises discounts in December in order to promote shipment of fine blended.  

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.