Tag: Spot lump premium

In Week 23, spot iron lump premium drops down by 17.4% W-o-W and assessed at USD 0.161/DMT, which was at USD 0.195/DMT in Week 22. Premium has increased continuously from Oct’15 till mid-May’16, after which it started declining. Earlier, spot lump premium continuously increased as margins were good for lumps, pellet and concentrates. But, now,…