Tag: Spot iron lump premium

Spot Iron Lump Premium Edges Up 3% in Week 26

Jun 25, 2016

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by

Nishtha Mukherjee

in Uncategorized

In week 26, spot iron lump premium moved up by 3% W-o-W. It was assessed at USD 0.165/DMT, CFR China against its last week’s (week 25) assessment of USD 0.16/DMT, CFR China. Strong demand pushed spot lump premium northwards. Despite the restriction on sinter usage imposed in the steel mills located in the city of…