Quoted pellet premiums were substantially low on a year on year basis, during the Q2 CY ’20, LKAB said in its interim report. During this quarter, pellets accounted for 83% of the company’s total deliveries of highly upgraded iron ore products. The pellet premium in China fell substantially and was quoted at $12/t at the end of the quarter, a decrease of $18/t compared with the previous quarter.
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