Tag: Spot iron lump premium
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Spot Lump Premium Gains 4% Amid Sintering Output Cuts
Spot iron lump premium in week 25 moved up by 4% W-o-W. Lump premium was assessed at USD 0.16/DMT, CFR China in this week against its previous week’s assessment of USD 0.154/DMT, CFR China. Tangshan – the steel making hub in Hebei province of China accounts for nearly more than 20% of China’s steel output.…