Tag: Spot lump premium

Spot lump premium continuous to strengthens upon strong steel margins as well as tighter lump availability. In Week 17, seaborne lump premium moved up by 14%. It was 0.2075/DMT, CFR China in week 17.Now, in week 18, spot lump premium increased marginally and is assessed at USD 0.2080/DMT, CFR China. While, global iron ore fines…