China iron ore pellet premiums slip as buyers hold back

摘要

The spot iron ore pellet premiummarket saw a slight downturn this week, withbuyers not agreeing with higher offer prices.Platts assessed the spot blast furnacepellet premium to the 62% Fe Iron Ore Index orIODEX assessments at $52.45/dmt CFR NorthChina after adjustment on a 65% Fe basisWednesday, down $0.70/dmt on the week.