Tag: spot pellet premium
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Spot Lump & Pellet Premium Further Moves Up on Strong Demand
In Week 30, spot lump premium is assessed at USD 0.174/DMT, CFR China. Lump premium moved up by USD 0.001/DMT W-o-W as it was last assessed at USD 0.173/DMT, CFR China in Week 29. Strong demand prevailed for lump among Chinese steel mills. In addition, lump remained more competitive than pellet and concentrate as they…