Norway, Jan. 14 -- Rana Gruber ASA has entered Iron Ore 61% Fe, CFR China (TSI) swap contracts.Rana Gruber ASA has agreed to sell 60.000 mt per month in Q3-26 at an average price of 105.8 USD/mt (total of 180.000 mt).Rana Gruber ASA has agreed to sell 60.000 mt per month in Q4-26 at an average price of 104.9 USD/mt (total of 180.000 mt).The swap contracts relate to physical shipments in Q2-26 and Q3-26. Final financial settlement of these shipments will relate to these swap contracts.Total volume of iron ore swap contracts after today is:* Q1-26: 180.000 mt (avg. 101.0 USD/mt) - Fe61 * Q2-26: 180.000 mt (avg. 101.2 USD/mt) - Fe61* Q3-26: 180.000 mt (avg. 105.8 USD/mt) - Fe61* Q4-26: 180.000 mt (avg. 104.9 USD/mt) - Fe61
Published by HT Dig...