Singapore—Expected post-holiday demand and higher price levels for fines drove up fixed prices for seaborne pellets on Feb. 10 ahead of the Lunar New Year holidays. S&P Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index assessment at $45.90/dry mt CFR North China on Feb. 10, down $4.95/dmt from Feb. 3, after adjusting to a 65% Fe basis. The 64% Fe blast furnace pellet was assessed at $201/dmt CFR North China on Feb. 10, up $6/dmt week on week. The premium was assessed at $34.50/dmt CFR North China, down $8.70/dmt week on week.
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