Tag: spot pellet premium
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Spot Lump and Pellet Premium Edge Up Amid Sintering Output Cuts
In Week 29, spot lump premium assessed at USD 0.173/DMT CFR China W-o-W. Premium moved up sharply by USD 0.008/DMT against last week’s (Week 28) assessment at USD 0.165/MT DMT, CFR China. Production cuts in Tangshan city announced by the Chinese government as well as floods in southern part of China have supported lump premium…