Asian blast furnace pellet premium softens in holiday lull

摘要

Platts assessed the spot blastfurnace pellet premium to the 62% Fe Iron OreIndex or IODEX assessment at $38.50/dmt CFRNorth China after adjustment to 65% Fe basisWednesday, down $1.20/dmt week on week.The assessed pellet premium wasnormalized to typical specifications of65% iron, 0.35% alumina, 5% silica, 0.02%phosphorus and 0.003% sulfur.