Tag: Spot iron lump premium

Amid tight supply of concentrate in domestic market, spot iron lump premium moved up by 11% W-o-W. Lump premium which was assessed at USD 0.135/dry MT unit, CFR China has now gone up to USD 0.15/dry MT unit, CFR China. Thus week 11, 2016 witnessed weekly increment of 11%. Market sources are of the opinion…