Not all iron ore is created equal

Much has been made of the advantages of direct shipping iron ore  over the past few years, but the fall in iron ore pricing has squeezed margins for many. Iron ore products that pay a premium over fines, such as lump ore and pelletised production trade at bigger premiums to the benchmark pricing and particularly in the case of pellets which aim at more specialised end user markets, the drop in pricing has not been as severe.

So much so, that  Grange Resources in Australia has felt compelled to put out a press release to try and differentiate themselves from the general sell off in iron ore stock. <http://www.grangeresources.com.au/clients/grange/downloads/item226/grange_resources_-_market_update_-_16_march_2015.pdf&gt;