Tag: Spot lump premium

In-line with Week 23, as spot iron lump premium declines by 17% W-o-W, it further declined by around 4.3% and reached to USD 0.154/DMT in Week 24. Premium is down by USD 0.007/DMT, CFR China. Cooling steel market hits spot lump and pellet market in China. In week 24, lump supply remained strong throughout the…