Tag: Pellet premium

Spot iron lump premium in week 15 increased marginally and stood at USD 0.168/DMT, CFR China. Last week it was assessed at USD 0.166/DMT, CFR China. Chinese steelmakers in Tangshan were heard of restocking lump ahead the Tangshan Horticulture Exposition amid government’s mandated sintering reductions. However, comparatively cheaper substitutes – pellets, market participants are hesitant…