Direct feed demand drives pellet premiums higher

摘要

Singapore—Seaborne iron ore pellet premiums inched up on continued demand amid rising prices for iron ore fines. S&P Global Platts assessed the spot blast furnace pellet premium to the 62% Fe Iron Ore Index assessment at $51.05/dry mt CFR North China on March 3, up $1.80/dmt from Feb. 24, after adjusting to a 65% Fe basis. The 64% Fe blast furnace pellet was assessed at $211/dmt CFR North China on March 3, up $2/dmt week on week. The premium was assessed at $35.55/dmt CFR North China, up $1.55/dmt week on week.